Ask AI
S. 1907

Fairness for Community Job Creators Act

Fairness for Community Job Creators Act - Amends the Bank Holding Company Act of 1956 relating to prohibitions on proprietary trading and certain relationships with hedge and private equity funds (Volcker Rule).

Prohibits any construction of these prohibitions to require divestiture of collateralized debt obligations backed by trust-preferred securities or debt securities of collateralized loan obligations, if those collateralized debt obligations or collateralized loan obligations were issued before December 10, 2013.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Kirk, Mark Steven [R-IL](R-IL)Sponsor
11 cosponsors11 R
11cosponsors1committees2actions2related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Fairness for Community Job Creators Act — Informed