HR 4492 · 116th Congress · Finance and Financial Sector

Consumer Financial Choice and Capital Markets Protection Act of 2019

Introduced 2019-09-25· Sponsored by Rep. Moore, Gwen [D-WI-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] Consumer Financial Choice and Capital Markets Protection Act of 2019 This bill allows a money market fund, under specified conditions, to elect to operate using a different method of valuation than is otherwise required. A money market fund that elects to do so shall not be subject to specified requirements related to the imposition of liquidity fees. Certain federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's advertising and sales literature.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (14)

8 Democrats6 Republicans
Rep. Stivers, Steve [R-OH-15]OH
Rep. Hastings, Alcee L. [D-FL-20]FL
Rep. Gonzalez, Vicente [D-TX-15]TX
Rep. Doyle, Michael F. [D-PA-18]PA
Rep. Estes, Ron [R-KS-4]KS
Rep. Mooney, Alexander X. [R-WV-2]WV
Rep. Sires, Albio [D-NJ-8]NJ
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Reschenthaler, Guy [R-PA-14]PA
Rep. Beatty, Joyce [D-OH-3]OH
Rep. Rose, John W. [R-TN-6]TN
Rep. Gottheimer, Josh [D-NJ-5]NJ
Rep. Ruppersberger, C. A. Dutch [D-MD-2]MD
Rep. Davis, Danny K. [D-IL-7]IL