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.
About This Bill
Committee
Latest Action · January 9, 2018
Referred to the House Committee on Financial Services.
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.
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