Alleviating Stress Test Burdens to Help Investors Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Sep 29, 2022)
Alleviating Stress Test Burdens To Help Investors Act
This bill exempts certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. These stress tests evaluate the ability of companies to absorb losses as a result of adverse economic conditions.
However, the Securities and Exchange Commission and the Commodity Futures Trading Commission may require exempted financial companies under their regulatory authority to conduct stress tests.
What just happenedSep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateSep 29, 2022
- Sep 29, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Sep 29, 2022IntroReferral10000
Introduced in Senate