S. 2732 · 113th Congress
Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2014
- Stage
- In committee
- Sponsor
- Pat Toomey
- Introduced
- 2014-07-31
- Latest action
- 2014-09-16 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
Summary
Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2014 - Amends the Consumer Financial Protection Act of 2010 to raise the examination threshold that brings an insured depository institution or insured credit union within its supervisory purview from assets of $10 billion or more to assets of $50 billion or more.
Increases from assets of $10 billion or less to assets of $50 billion or less the size of an insured depository institution or insured credit union that is subject to the Act's reporting requirements.