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Protecting Consumers from Market Manipulation Act

Introduced: November 19, 2019 Introduced by: García, Jesús G. "Chuy" Democratic · Illinois See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2019
Referred to the House Committee on Financial Services.
Nov 19, 2019
Sponsor introductory remarks on measure. (CR E1468)
Nov 19, 2019
Introduced in House
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 Plain-English summary Congressional Research Service

Protecting Consumers from Market Manipulation Act

This bill prohibits large nonfinancial companies from engaging in financial activities that would result in producing the lower of (1) 5% of the company's revenue, or (2) $1,000,000,000 in revenue. The bill limits the types of investment activities banks are allowed to engage in, including certain merchant banking activities.

The Financial Stability Oversight Council and the Federal Reserve must report on issues related to digital currency.

What's happening now November 19, 2019

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1
D
Grijalva, Raúl M.
Arizona · Dec 5, 2019
Jackson Lee, Sheila
· Nov 19, 2019
 D
Tlaib, Rashida
Michigan · Nov 19, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5180: Protecting Consumers from Market Manipulation Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5180/
MLA
"H.R. 5180: Protecting Consumers from Market Manipulation Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5180/.
Bluebook (legal)
H.R. 5180, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5180/.
Markdown link
[H.R. 5180: Protecting Consumers from Market Manipulation Act](https://openamerica.io/bill/116-HR-5180/)
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