House committee approves amendment to the CHARLIE Act
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Table of Contents
The House Committee on Financial Services has ordered the CHARLIE Act to be reported with an amendment. This means a group of lawmakers voted 19 to 15 to move the bill out of committee and toward a potential vote by the full House of Representatives.
Why it matters: This is a procedural step in the legislative process. While it moves the bill closer to a floor vote, it does not make it law and there is no guarantee it will pass the House or move to the Senate.
Who it affects
- Financial services companies
This information comes from Congress.gov regarding the House Committee on Financial Services; readers should check the official text for specific details before relying on this summary.
Agency: House
Source: Congress.gov — read the official document