Eliminating Corporate Shadow Banking Act of 2019
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in senate (Nov 12, 2019)
Eliminating Corporate Shadow Banking Act of 2019
This bill provides for the regulation of industrial loan companies by the Federal Reserve. Industrial loan companies must comply with specified reporting, examination, and ownership requirements. (Industrial loan companies may generally provide services similar to depository institutions, but their parent holding company may be a nonfinancial, commercial firm.)
What just happenedDec 5, 2019
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Who’s behind it
- Introduced in SenateNov 12, 2019
- Dec 5, 2019Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Banking, Housing, and Urban Affairs Committee - Nov 12, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Nov 12, 2019IntroReferral10000
Introduced in Senate