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United States · Resolution · HCONRES

H.Con.Res. 224 (111th)

Encouraging Federal financial regulators to establish clear and consistent guidelines for financial institutions seeking to grow or expand.

referredUnited States· United States Congress· EN

Introduced

16 December 2009

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Expresses the sense of Congress that: (1) the growth or expansion of sound financial institutions should be encouraged; (2) federal financial regulatory requirements and expectations, including capital requirements, for all financial institutions should be up-front, clear, consistent, and predictable; (3) federal financial regulators and auditors review applications, conduct examinations, and classify loans and other assets with regard to sound underwriting standards and within the bounds of common sense; and (4) federal financial regulators respond to applications and inquiries within a timely manner.

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Documents

3 official files

Introduced in House (text)

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