H.R. 3526 - To Include All Banking Agencies Within the Existing Regulatory Authority Under the Federal Trade Commission Act with Respect to

To Include All Banking Agencies Within the Existing Regulatory Authority Under the Federal Trade Commission Act with Respect to

H.R. 3526 — 110^th Congress (2007–2008)

Summary

This bill amends the Federal Trade Commission Act to transfer to each federal banking agency, with respect to depository institutions, the authority to prescribe regulations governing unfair or deceptive practices by banks and savings and loan institutions currently vested in the Board of Governors of the Federal Reserve System (with respect to banks) and the Federal Home Loan Bank Board (with respect to savings and loan institutions). (by CRS)

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Title

To include all banking agencies within the existing regulatory authority under the Federal Trade Commission Act with respect to depository institutions, and for other purposes.

Other Titles

Sponsor

Barney Frank

Co-Sponsors

• John Dingell

Subjects

• Finance
• Administrative procedure
• Bank loans
• Communications
• Congress
• Congressional investigations
• Congressional reporting requirements
• Consumer protection
• Consumers
• Deceptive advertising
• Department of the Treasury
• Executive departments
• Federal Deposit Insurance Corporation
• Federal Home Loan Bank Board
• Federal Trade Commission
• Federal reserve system
• Independent regulatory commissions
• Law
• National Credit Union Administration

Related Bills

Major Actions

Introduced	9/14/2007
Referred to Committee
Passed House	12/06/2007

Bill History

• All Votes
• All Actions
• Amendments

	Chamber/Committee	Motion	Date	Result
currently selected	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.	12/06/2007	PASSED by voice vote

	Action	Date	Description
	Introduced	9/14/2007
		9/14/2007	Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
		9/14/2007	Referred to House Financial Services
		9/14/2007	Referred to House Energy and Commerce
		9/15/2007	Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
		9/18/2007	Committee Consideration and Mark-up Session Held.
	Put on a legislative calendar	9/18/2007	Ordered to be Reported by Voice Vote.
		10/23/2007	Subcommittee Hearings Held.
		10/23/2007	Subcommittee Consideration and Mark-up Session Held.
		10/23/2007	Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
		10/30/2007	Committee Consideration and Mark-up Session Held.
	Put on a legislative calendar	10/30/2007	Ordered to be Reported (Amended) by Voice Vote.
		12/05/2007	Reported (Amended) by the Committee on Financial Services. H. Rept. 110-472, Part I.
		12/05/2007	Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 110-472, Part II.
	Put on a legislative calendar	12/05/2007	Placed on the Union Calendar, Calendar No. 294.
		12/06/2007	Mr. Frank (MA) moved to suspend the rules and pass the bill, as amended.
		12/06/2007	Considered under suspension of the rules.
		12/06/2007	DEBATE - The House proceeded with forty minutes of debate on H.R. 3526.
currently selected	House Vote on Passage	12/06/2007	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
		12/06/2007	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

	Number	Sponsor	Date Offered	Status