To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data.
USA115th CongressHR-6789| House
| Updated: 9/12/2018
Gregory W. Meeks
Democratic Representative
New York
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Open Banking Study Act of 2018 This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Government Accountability Office, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report on their respective regulated entities' processes for third-party access to consumer-authorized financial data.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Banking and financial institutions regulationCongressional oversightConsumer creditGovernment studies and investigations
To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data.
USA115th CongressHR-6789| House
| Updated: 9/12/2018
Open Banking Study Act of 2018 This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Government Accountability Office, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report on their respective regulated entities' processes for third-party access to consumer-authorized financial data.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Gregory W. Meeks
Democratic Representative
New York