S.2099 A bill to amend the Federal Deposit Insurance Act with respect to information provided to the Bureau of Consumer Financial Protection.
A bill to amend the Federal Deposit Insurance Act with respect to information provided to the Bureau of Consumer Financial Protection.
- People's Vote
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- Gov Vote
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- Outcome
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Sponsored by
Co-Sponsored by
- Senator Sherrod Brown (OH Democrat)
- Senator Robert Menendez (NJ Democrat)
- Senator David Vitter (LA Republican)
- Senator Daniel Akaka (HI Democrat)
- Senator Michael Crapo (ID Republican)
- Senator Herbert Kohl (WI Democrat)
- Senator Charles Schumer (NY Democrat)
- Senator Richard Shelby (AL Republican)
- Senator Claire Mccaskill (MO Democrat)
- Senator Kay Hagan (NC Democrat)
- Senator Al Franken (MN Democrat)
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Our Analysis:
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Summary:
2/9/2012--Introduced.Amends the Federal Deposit Insurance Act to make the Consumer Financial Protection Bureau (CFPB) a"covered agency"that may share information with another covered agency or any other federal agency without waiving any privilege applicable to the information. Prohibits information submitted to the CFPB in the course of its supervisory or regulatory process from being construed as waiving, destroying, or affecting any privilege that may be claimed with respect to such information under federal or state law as to any person or entity other than the CFPB, another federal banking agency, a state bank supervisor, or a foreign banking authority.
Actions:
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Question:
Result