Financial CHOICE Act of 2016

H.R.5983
Introduced: 
September 9, 2016
114
Second
December 20, 2016
Placed on House calendar

Within this broader bill dealing with financial and banking regulations, Hensarling included a provision allowing a federal banking agency to terminate, or otherwise restrict, any account with a customer or group of customers if they are “acting as a conduit for” the government of Iran, North Korea, Syria, or any country listed “from time to time” on the state sponsors of terrorism list.

5 cosponsors (5R).

Last major action: 12/20/16 discharged from comms. and placed on union calendar.

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