Main Street Regulatory Fairness Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (May 16, 2017)
Main Street Regulatory Fairness Act
This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).
What just happenedMay 16, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateMay 16, 2017
- May 16, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - May 16, 2017IntroReferral10000
Introduced in Senate