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H.R. 1663

Critical Bank Review Act

Critical Bank Review Act

This bill directs the Department of the Treasury to create a new designation (sectorially critical) for certain banks and credit unions that are systemically important to a critical sector of the U.S. economy. The appropriate federal banking agency must apply a higher level of regulatory supervision to institutions designated as sectorially critical.

Referred to the House Committee on Financial Services.

Rep. Torres, Ritchie [D-NY-15](D-NY)Sponsor
1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Critical Bank Review Act — Informed