To amend the Bank Holding Company Act of 1956 to provide relief from the Volcker Rule for community banks.

United States115th CongressHR-5659House of Representatives
Updated: Apr 27, 2018

Summary

Volcker Rule Relief Act of 2018 This bill amends the Bank Holding Company Act of 1956 to exempt from the "Volcker Rule" banks with: (1) total assets valued at less than $10 billion, and (2) trading assets and liabilities comprising not more than 5% of total assets. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

Bill texts

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Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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