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

USA115th CongressHR-5659| House 
| Updated: 4/27/2018
Mia B. Love

Mia B. Love

Republican Representative

Utah

Cosponsors (2)
John R. Moolenaar (Republican)Bill Huizenga (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.)
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Timeline
Apr 27, 2018
Introduced in House
Apr 27, 2018
Referred to the House Committee on Financial Services.
  • April 27, 2018
    Introduced in House


  • April 27, 2018
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • HR 115-4790: Volcker Rule Regulatory Harmonization Act
  • HR 115-6147: Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
Bank accounts, deposits, capitalBanking and financial institutions regulationFinancial services and investmentsSecurities

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

USA115th CongressHR-5659| House 
| Updated: 4/27/2018
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.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 27, 2018
Introduced in House
Apr 27, 2018
Referred to the House Committee on Financial Services.
  • April 27, 2018
    Introduced in House


  • April 27, 2018
    Referred to the House Committee on Financial Services.
Mia B. Love

Mia B. Love

Republican Representative

Utah

Cosponsors (2)
John R. Moolenaar (Republican)Bill Huizenga (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 115-4790: Volcker Rule Regulatory Harmonization Act
  • HR 115-6147: Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBanking and financial institutions regulationFinancial services and investmentsSecurities