Skip to main content
HR 5839 101th Congress House Finance and Financial Sector Consumer education Consumer protection Corporations Financial services

Financial Consumers Association Act of 1990

Introduced: October 16, 1990 Introduced by: Schumer, Charles E. Democratic · New York See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 15, 1990
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Nov 15, 1990
Referred to the Subcommittee on Consumer Affairs and Coinage.
Oct 30, 1990
Referred to the Subcommittee on Telecommunications and Finance.
Oct 30, 1990
Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
Oct 16, 1990
Referred to the House Committee on Energy and Commerce.
Oct 16, 1990
Referred to the House Committee on Banking, Finance + Urban Affrs.
Oct 16, 1990
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Financial Consumers Association Act of 1990 - Establishes the Financial Consumers Association as a nonprofit corporation which will not be an agency or establishment of the Federal Government. Requires the Association to establish regional offices in each of the Federal Reserve districts. Authorizes appropriations. Outlines the duties of the Association, including: (1) advising consumers on financial service matters; (2) representing consumer interests in financial service matters; and (3) encouraging membership by low- and moderate-income and minority consumers.

What's happening now November 15, 1990

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 6
 Cosponsors 1
All 1 Democratic 1
D
Neal, Richard E.
Massachusetts · Oct 26, 1990
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5839: Financial Consumers Association Act of 1990. 101st Congress. Open America. https://openamerica.io/bill/101-HR-5839/
MLA
"H.R. 5839: Financial Consumers Association Act of 1990." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-5839/.
Bluebook (legal)
H.R. 5839, 101st Cong. (2026), https://openamerica.io/bill/101-HR-5839/.
Markdown link
[H.R. 5839: Financial Consumers Association Act of 1990](https://openamerica.io/bill/101-HR-5839/)
Report a problem