[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1596 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 1596

     To amend the Economic Growth, Regulatory Relief, and Consumer 
 Protection Act to repeal the exemption from enhanced supervision and 
 prudential standards applicable to bank holding companies with total 
   consolidated assets between $50,000,000,000 and $250,000,000,000.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 14, 2023

 Mr. Moulton introduced the following bill; which was referred to the 
                    Committee on Financial Services

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                                 A BILL


 
     To amend the Economic Growth, Regulatory Relief, and Consumer 
 Protection Act to repeal the exemption from enhanced supervision and 
 prudential standards applicable to bank holding companies with total 
   consolidated assets between $50,000,000,000 and $250,000,000,000.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stabilizing Vulnerable Banks Act''.

SEC. 2. ENHANCED SUPERVISION AND PRUDENTIAL STANDARDS FOR CERTAIN BANK 
              HOLDING COMPANIES.

    (a) In General.--Section 401 of the Economic Growth, Regulatory 
Relief, and Consumer Protection Act (Public Law 115-174) is hereby 
repealed and the provisions of law amended by such section are revived 
or restored as if such section had not been enacted.
    (b) Clerical Amendment.--The table of contents for the Economic 
Growth, Regulatory Relief, and Consumer Protection Act is amended by 
striking the item relating to section 401.
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