concurrent resolution Progress
- The senate has not voted
- The house has not voted
House Committee on Financial ServicesIntroducedDecember 16th, 2009
- house Committees
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Encouraging Federal financial regulators to establish clear and consistent guidelines for financial institutions seeking to grow or expand.
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.