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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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
House of Representatives
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