To require the appropriate Federal banking agencies to treat certain non-significant investments in the capital of unconsolidated financial institutions as qualifying capital instruments, and for other purposes.
USA115th CongressHR-3838| House
| Updated: 9/26/2017
Sean P. Duffy
Republican Representative
Wisconsin
Cosponsors (4)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Trust Preferred Securities Act of 2017 This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemFinancial services and investmentsSecurities
To require the appropriate Federal banking agencies to treat certain non-significant investments in the capital of unconsolidated financial institutions as qualifying capital instruments, and for other purposes.
USA115th CongressHR-3838| House
| Updated: 9/26/2017
Trust Preferred Securities Act of 2017 This bill requires federal banking agencies to treat as qualifying capital instruments certain investments in the capital of unconsolidated financial institutions. Specifically, the bill applies to investments in trust-preferred securities held prior to July 21, 2010, by a depository institution or holding company.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Sean P. Duffy
Republican Representative
Wisconsin
Cosponsors (4)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemFinancial services and investmentsSecurities