H.R. 6378 · 116th Congress
Interagency Pandemic Guidance for Consumers Act
- Stage
- In committee
- Sponsor
- Jennifer Wexton
- Introduced
- 2020-03-23
- Latest action
- 2020-03-23 · Introduced in House
Summary
Interagency Pandemic Guidance for Consumers Act
This bill directs financial regulators to issue interagency guidance regarding consumer debt relief options (e.g., deferment, forbearance, and affordable payment plans) in the event of a major disaster or pandemic. Financial regulators must also test financial institutions' response to a pandemic or major disaster every five years and report the results to Congress.