To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 9, 2018)
This bill revises the threshold for subjecting a bank holding company to enhanced supervision and prudential standards. Under current law, a bank holding company is subject to such standards and supervision if it has at least $50 billion in assets. Under the bill, a bank holding company shall be subject to such standards and supervision if (1) the company has at least $250 billion in assets; or (2) the company has between $50 billion and $250 billion in assets, and the Financial Stability Oversight Council determines that material financial distress at the company could threaten the financial stability of the United States.
What just happenedJan 9, 2018
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJan 9, 2018
- Jan 9, 2018IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 9, 2018IntroReferralIntro-H
Introduced in House
- Jan 9, 2018IntroReferral1000
Introduced in House