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HR 1214 103th Congress House Finance and Financial Sector Bank examination Bank holding companies Bank loans Community development banking Consumer credit Consumer education Consumer protection Department of the Treasury Deposit insurance Executive reorganization Federal Deposit Insurance Corporation Federal Reserve System Foreign Trade and International Finance Foreign banks and banking Independent regulatory commissions International banking Savings and loan associations Savings banks

Regulatory Consolidation Act of 1993

Introduced: March 4, 1993 See on congress.gov
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 Everywhere this bill has been 8 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 1994
Sponsor introductory remarks on measure. (CR H1314-1318)
Mar 10, 1994
Sponsor introductory remarks on measure. (CR H1242-1243)
Mar 9, 1994
Sponsor introductory remarks on measure. (CR H1140)
Mar 8, 1994
Sponsor introductory remarks on measure. (CR H1084)
Mar 17, 1993
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Deposit Insurance.
Mar 4, 1993
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 4, 1993
Sponsor introductory remarks on measure. (CR E509-510)
Mar 4, 1993
Introduced in House
 Plain-English summary Congressional Research Service

TABLE OF CONTENTS:

Title I: Federal Banking Commission

Title II: Abolition of Federal Banking Agencies

Regulatory Consolidation Act of 1993 - Title I: Federal Banking Commission - Establishes the Federal Banking Commission (the Commission). Transfers to the Commisssion all regulatory functions of: (1) the Comptroller of the Currency with respect to national banks; (2) the Board of Governors of the Federal Reserve System (and any Federal Reserve Bank) with respect to member banks, bank holding companies and affiliates, and certain international banking entities; (3) the Director of the Office of Thrift Supervision with respect to savings associations and savings and loan holding companies; and (4) the Federal Deposit Insurance Corporation with respect to State nonmember banks and certain savings and foreign banks.

Establishes within the Commission a Consumer Division to: (1) conduct consumer examinations to determine the Compliance of each insured depository institution with respect to consumer protection and community reinvestment laws; and (2) implement prescribed consumer protection and information programs.

Title II: Abolition of Federal Banking Agencies - Abolishes the Office of the Comptroller of the Currency and the Office of Thrift Supervision.

Authorizes the President to establish a transition commission to facilitate the transfer of functions with the least disruption to the regulatory environment.

Declares that the individuals serving as Comptroller of the Currency and the Director of Thrift Supervision are eligible to be detailed to the transition commission.

What's happening now March 11, 1994

Sponsor introductory remarks on measure. (CR H1314-1318)

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 3