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.
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.
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsFederal Reserve SystemFinancial crises and stabilizationFinancial services and investments
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.
USA115th CongressHR-4746| House
| Updated: 1/9/2018
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.
Administrative law and regulatory proceduresBank accounts, deposits, capitalBanking and financial institutions regulationBusiness recordsFederal Reserve SystemFinancial crises and stabilizationFinancial services and investments