H.R. 6265 · 116th Congress

Coronavirus Guidance for Financial Institutions Act

Stage
In committee
Introduced
2020-03-12
Latest action
2020-03-12 · Introduced in House

Summary

Coronavirus Guidance for Financial Institutions Act

This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report on the effectiveness of the joint release issued by federal and state financial regulators on March 9, 2020, encouraging financial institutions to meet the needs of customers affected by the coronavirus (i.e., the virus that causes COVID-19).