S 733
116th Congress
Senate
Finance and Financial Sector
Bank accounts, deposits, capital
Consumer affairs
Financial crises and stabilization
Financial services and investments
Government lending and loan guarantees
Securities
Consumer Financial Choice and Capital Markets Protection Act of 2019
Introduced: March 11, 2019
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 11, 2019
Introduced in Senate
Plain-English summary
Consumer Financial Choice and Capital Markets Protection Act of 2019
This bill allows a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. A money market fund that elects to do so shall not be subject to specified requirements related to the imposition of liquidity fees.
Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1