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Bill > HR3044


US HR3044

US HR3044
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the Office of Financial Research.


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the establishment of the Office of Financial Research.

AI Summary

This bill proposes to repeal the Office of Financial Research, an entity established by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted in response to the 2008 financial crisis to monitor the U.S. financial system and identify risks. The bill would remove the legal basis for this office and make various conforming changes to the Dodd-Frank Act and the Paperwork Reduction Act to reflect its elimination, effectively dismantling the office and its associated functions.

Committee Categories

Business and Industry

Sponsors (15)

Last Action

Referred to the House Committee on Financial Services. (on 09/23/2011)

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