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Providing for consideration of the bill (H.R. 2396) to amend the Gramm-Leach-Bliley Act to update the exception for certain annual notices provided by financial institutions, and providing for consideration of the bill (H.R. 4015) to improve the quality of proxy advisory firms for the protection of investors and the U.S. economy, and in the public interest, by fostering accountability, transparency, responsiveness, and competition in the proxy advisory firm industry.

4/7/2025, 3:21 PM

Summary of Bill HRES 657

Bill 115 H.Res. 657 is a resolution that provides for the consideration of two bills in the US Congress. The first bill, H.R. 2396, aims to amend the Gramm-Leach-Bliley Act in order to update the exception for certain annual notices provided by financial institutions. This bill seeks to streamline and modernize the notification process for consumers regarding their financial information.

The second bill, H.R. 4015, focuses on improving the quality of proxy advisory firms for the protection of investors and the US economy. The bill aims to enhance accountability, transparency, responsiveness, and competition within the proxy advisory firm industry. By fostering these qualities, the bill seeks to ensure that investors are provided with accurate and reliable information to make informed decisions.

Overall, Bill 115 H.Res. 657 sets the stage for the consideration of two important pieces of legislation that aim to update and improve regulations within the financial and investment sectors. These bills have the potential to impact consumers, investors, and the overall economy in a positive way by promoting efficiency, transparency, and accountability within these industries.

Current Status of Bill HRES 657

Bill HRES 657 is currently in the status of Bill Introduced since December 12, 2017. Bill HRES 657 was introduced during Congress 115 and was introduced to the House on December 12, 2017.  Bill HRES 657's most recent activity was Motion to reconsider laid on the table Agreed to without objection. as of December 13, 2017

Bipartisan Support of Bill HRES 657

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HRES 657

Primary Policy Focus

Congress

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