United States · Bill · HR
H.R. 4247 (115th)
Restoring Financial Market Freedom Act of 2017
Introduced
3 November 2017
Last action
2 January 2019 · Reported
Status
Placed on the Union Calendar, Calendar No. 886.
Sponsors
Ted Budd
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Restoring Financial Market Freedom Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Financial Stability Oversight Council to designate financial market utilities (i.e., payment, clearing, and settlement systems) as "systemically important" (also known as "too big to fail"). Under current law, entities so designated are subject to additional regulatory restrictions.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 November 2017
Introduced
Introduced in House
Source: IntroReferral
3 November 2017
Introduced
Introduced in House
Source: IntroReferral
3 November 2017
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
15 November 2017
Vote
Ordered to be Reported by the Yeas and Nays: 33 - 25.
Source: Committee
15 November 2017
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
2 January 2019
Calendars
Placed on the Union Calendar, Calendar No. 886.
Source: Calendars
2 January 2019
Reported
Reported by the Committee on Financial Services. H. Rept. 115-1119.
Source: Committee
2 January 2019
Reported
Reported by the Committee on Financial Services. H. Rept. 115-1119.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Reported in House · 2 January 2019 · Official file
- Introduced in House · 3 November 2017 · Official file
Documents
5 official files
Reported in House (text)
Reported in House (text)
Reported in House · EN · 2 January 2019
Reported in House (PDF)
Reported in House · EN · 2 January 2019
Introduced in House (text)
Introduced in House · EN · 3 November 2017
Introduced in House (PDF)
Introduced in House · EN · 3 November 2017
Introduced in House
summary · EN · 3 November 2017
Sponsors
Related records
- related to → Financial CHOICE Act of 2017
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/4247
- Open data entity: https://api.congress.gov/v3/bill/115/hr/4247
- us · 115-hr-4247 · source updated 7 April 2025