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S 2684 117th Congress Senate Finance and Financial Sector

Consumer Financial Choice and Capital Markets Protection Act of 2021

Introduced: August 9, 2021 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 9, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 9, 2021
Introduced in Senate
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 Plain-English summary Congressional Research Service

Consumer Financial Choice and Capital Markets Protection Act of 2021

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. (A money market fund is a type of mutual fund that invests in liquid, short-term assets.)

Current law limits the provision of certain federal assistance directly to any money market fund. The bill requires disclosure of this limitation on federal assistance in a money market's advertising and sales literature.

What's happening now August 9, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 1
  • HR 9089 Related bill Consumer Financial Choice and Capital Markets Protection Act of 2022
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Peters, Gary C.
Michigan · Aug 9, 2021
 R
Rounds, Mike
South Dakota · Aug 9, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2684: Consumer Financial Choice and Capital Markets Protection Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-2684/
MLA
"S. 2684: Consumer Financial Choice and Capital Markets Protection Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2684/.
Bluebook (legal)
S. 2684, 117th Cong. (2026), https://openamerica.io/bill/117-S-2684/.
Markdown link
[S. 2684: Consumer Financial Choice and Capital Markets Protection Act of 2021](https://openamerica.io/bill/117-S-2684/)
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