Abolition of the Office of Financial Research
This bill aims to abolish the Office of Financial Research. It repeals Subtitle B of the Financial Stability Act of 2010, which established the office. Additionally, the bill makes technical and conforming amendments to other laws, such as the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, striking references to the Office.
Key points
Abolishes the Office of Financial Research.
Repeals Subtitle B of the Financial Stability Act of 2010.
Removes references to the Office from other federal laws, including the Dodd-Frank Act.
Status:
Expired
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