# 116-hr-5180: Protecting Consumers from Market Manipulation Act

116-hr-5180, Protecting Consumers from Market Manipulation Act, is a 116th Congress bill sponsored by Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5180
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5180
- Congress: 116
- Title: Protecting Consumers from Market Manipulation Act
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2019-11-19
- Sponsor: Rep. García, Jesús G. "Chuy" [D-IL-4] (D-IL)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Protecting Consumers from Market Manipulation Act This bill prohibits large nonfinancial companies from engaging in financial activities that would result in producing the lower of (1) 5% of the company's revenue, or (2) $1,000,000,000 in revenue. The bill limits the types of investment activities banks are allowed to engage in, including certain merchant banking activities. The Financial Stability Oversight Council and the Federal Reserve must report on issues related to digital currency.

## Cosponsors (3)

- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2019-11-19T00:00:00.000Z
- Rep. Jackson Lee, Sheila [D-TX-18] (D-TX), 2019-11-19T00:00:00.000Z
- Rep. Grijalva, Raúl M. [D-AZ-7] (D-AZ), 2019-12-05T00:00:00.000Z

## Related bills

- 116-hr-8270: I am Vanessa Guillén Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7463: Assisted Living Facility Coronavirus Reporting Act
- 116-hr-7317: Masks Work Act of 2020
- 116-hr-7197: RESTAURANTS Act of 2020
- 116-hr-7120: George Floyd Justice in Policing Act of 2020

## Sources
- [116-hr-5180 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5180)

## Related
- [116-hr-8270: I am Vanessa Guillén Act of 2020](https://policyrisk.com/legislation/116-hr-8270)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7463: Assisted Living Facility Coronavirus Reporting Act](https://policyrisk.com/legislation/116-hr-7463)
- [116-hr-7317: Masks Work Act of 2020](https://policyrisk.com/legislation/116-hr-7317)
- [116-hr-7197: RESTAURANTS Act of 2020](https://policyrisk.com/legislation/116-hr-7197)
- [116-hr-7120: George Floyd Justice in Policing Act of 2020](https://policyrisk.com/legislation/116-hr-7120)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5180 (as of 2025-11-18).