Financial Transparency Act of 2021

Bill: 117-hr-2989
Sponsor: Rep. Maloney, Carolyn B. [D-NY-12]
Introduced: 2021-05-04 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Banking and financial institutions regulation
Commodities markets
Commodity Futures Trading Commission
Congressional oversight
Consumer Financial Protection Bureau
Corporate finance and management
Department of the Treasury
Federal Deposit Insurance Corporation (FDIC)
Federal Housing Finance Agency
Federal Reserve System
Financial services and investments
Government information and archives
National Credit Union Administration
Securities
Securities and Exchange Commission (SEC)
State and local finance

Summary:
action_date: 2021-05-04
text: 

Financial Transparency Act of 2021

 
This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency.

action_date: 2021-10-25
text: 

Financial Transparency Act of 2021

 
This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency.
 
The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)


Legislative actions:
action_date: 2021-10-26
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2021-10-25
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2021-10-25
text: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 19 (Roll no. 333). (text: CR H5840-5846)
action_date: 2021-10-25
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 19 (Roll no. 333).(text: CR H5840-5846)
action_date: 2021-10-25
text: Considered as unfinished business. (consideration: CR H5854-5855)
action_date: 2021-10-25
text: At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
action_date: 2021-10-25
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2989.
action_date: 2021-10-25
text: Considered under suspension of the rules. (consideration: CR H5840-5848)
action_date: 2021-10-25
text: Ms. Waters moved to suspend the rules and pass the bill, as amended.
action_date: 2021-06-21
text: Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
action_date: 2021-05-04
text: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
action_date: 2021-05-04
text: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
action_date: 2021-05-04
text: Introduced in House
action_date: 2021-05-04
text: Introduced in House