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H.R. 4894: To repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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H.R. 4894: To repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

114th Congress · introduced 2016-04-11 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 444.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2016-04-11 · official record
  2. Who proposed it: Rep. Westmoreland, Lynn A. [R-GA-3] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Placed on the Union Calendar, Calendar No. 444. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Plain summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) (Sec. 1) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal Title II (Orderly Liquidation Authority), concerning the bankruptcy of financial institutions, and makes conforming amendments to the Federal Deposit Insurance Act and the Federal Reserve Act.

Congressional Research Service summary (Reported to House without amendment, Part I), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

To repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Source: Congressional Research Service summary (Reported to House without amendment, Part I)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Westmoreland, Lynn A. [R-GA-3] · 1 cosponsors

Cost estimate: CBO cost estimate: H.R. 4894, a bill to repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (2016-05-09)

Cosponsors on this site

Rick W. Allen (R-GA)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-hr4894 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114