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H.R. 4332, The Financial Consumer Hotline Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on March 14, 2008, 19:13:10 (webmaster), with revision saved on April 30, 2008, 19:41:57 (webmaster):

H.R. 4332 would amend the Federal Financial Institutions Examination Council Act to require the Council to establish a single telephone number that consumers with complaints or inquiries could call and be routed to the appropriate Federal banking agency or State bank supervisor.

== Detailed Summary ==

<summary>
Financial Consumer Hotline Act of 2007 - Amends the Federal Financial Institutions Examination Council Act of 1978 to require federal financial institution regulatory agencies, coordinating through the Federal Financial Institutions Examination Council, to establish: (1) a single, toll-free telephone number for consumer complaints and inquiries concerning institutions under their jurisdiction; and (2) a system for routing such calls to the federal financial institution regulatory agency that primarily supervises the financial institution, or that is otherwise the appropriate agency to address the subject of the complaint or inquiry.

Cites circumstances under which state agencies may receive appropriate call transfers from such federal systems.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 12/10/2007: Referred4/29/2008: Passed/agreed to House subcommittee.in House. Status: ReferredOn motion to suspend the Subcommittee on Financial Institutionsrules and Consumer Credit.pass the bill Agreed to by the Yeas and Nays: (2/3 required): 408 - 1 (Roll no. 225).
</status>

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== Points in Favor ==

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== Points Against ==

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