Top Legislation - View All
Also tagged in: 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 reserve system, Federal Trade Commission, Finance, Independent regulatory commissions, Law, National Credit Union Administration
Latest Action: 12/06/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo include all banking agencies within the existing regulatory authority under the Federal Trade Commission Act with respect to depository institutions, and for other purposes. 12/5/2007--Passed House amended. (There is 1 other summary) Amends the Federal Trade Commission Act to transfer to each federal banking agency, with respect to depository institutions it supervises, 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). Requires the federal banking agencies to prescribe such regulations: (1) jointly to the extent practicable; and (2) in consultation with the Federal Trade Commission (FTC). Authorizes the FTC, with respect to entities within its jurisdiction, to commence a rulemaking [...] show full description
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Latest Legislation - View All
Also tagged in: 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 reserve system, Federal Trade Commission, Finance, Independent regulatory commissions, Law, National Credit Union Administration
Latest Action: 12/06/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo include all banking agencies within the existing regulatory authority under the Federal Trade Commission Act with respect to depository institutions, and for other purposes. 12/5/2007--Passed House amended. (There is 1 other summary) Amends the Federal Trade Commission Act to transfer to each federal banking agency, with respect to depository institutions it supervises, 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). Requires the federal banking agencies to prescribe such regulations: (1) jointly to the extent practicable; and (2) in consultation with the Federal Trade Commission (FTC). Authorizes the FTC, with respect to entities within its jurisdiction, to commence a rulemaking [...] show full description
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