,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #djdg  ,,in ,,the ,,house ,,of  
,,representatives  ,july #be1 #bjai,mr4 
,meeks introduced the following bill2   
which was referred to the ,committee on 
,financial ,services  ,a ,,bill  ,to    
require certain ,federal financial      
regulators to carry out an independent  
study of their regulated entities'      
processes for allowing third parties to 
access consumer-authorized financial    
data4  #a4 ,short title ,this ,act may  
be cited as the ,open ,banking ,study   
,act of #bjai4  #b4 ,consumer-authorized
 financial data study  7a7 ,study ,the  
,board of ,governors of the ,federal    
,reserve ,system1 the ,bureau of        
,consumer ,financial ,protection1 the   
,comptroller of the ,currency1 the      
,federal ,deposit ,insurance            
,corporation1 and the ,national ,credit 
,union ,administration shall1 jointly1  
carry out a study of their regulated    
entities' processes for allowing third  
parties to access consumer-authorized   

financial data4  7b7 ,report ,not later 
than the end of the #a-year period      
beginning on the date of enactment of   
this ,act1 the ,federal agencies        
required to carry out a study under     
subsection 7a7 shall submit a report to 
the ,committee on ,financial ,services  
of the ,house of ,representatives and   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs of the ,senate      
containing--  7#a7 a description of all 
findings and determinations made in     
carrying out the study required under   
subsection 7a72 and  7#b7 administrative
 and legislative recommendations that   
would encourage consumer-authorized     
financial data sharing and aggregation  
consistent with the agencies' safety and
 soundness1 consumer protection1 and    
cybersecurity standards1 and all        
applicable laws and regulations4