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S. 1139

BillFederalSenateIn Committee
Main Street Regulatory Fairness Act
About This Bill
Committee
Latest Action · May 16, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
115th (2017–2019)
Introduced
May 16, 2017
Sponsor
Sen. Jon TesterD
Cosponsors (3)
2D 1R
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Summary

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Main Street Regulatory Fairness Act This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).

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