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![handle is hein.congrecreports/crptxabbx0001 and id is 1 raw text is:
115TH CONGRESS
2d Session j HOUSE OF REPRESENTATIVES
FINANCIAL
MARCH 6, 2018.-
INSTITUTIONS EXAMINATION FAIRNESS AND
REFORM ACT
-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mr. HENSARLING, from the Committee on Financial Services,
submitted the following
REPORT
together with
MINORITY VIEWS
[To accompany H.R. 4545]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 4545) to amend the Federal Financial Institutions Exam-
ination Council Act of 1978 to improve the examination of deposi-
tory institutions, and for other purposes, having considered the
same, report favorably thereon without amendment and rec-
ommend that the bill do pass.
PURPOSE AND SUMMARY
Introduced by Representative Tipton on December 4, 2017, the
Financial Institutions Examination Fairness and Reform Act
amends the Federal Financial Institutions Examination Council
Act of 1978 to establish deadlines within which regulatory agencies
must hold exit interviews and issue final examination reports to fi-
nancial institutions. The bill would also provide supervised finan-
cial institutions the right to have material supervisory determina-
tions reviewed by a newly created Independent Examination Re-
view Director within the Federal Financial Institutions Examina-
tion Council (FFIEC).
79-006
AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
REPORT
115-589](ViewImageLocal?handle=hein.congrecreports/crptxabbx0001&div=1&collection=&method=preview&ext=.png&size=3)