[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7143 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                                H. R. 7143

 To require the heads of certain agencies to withdraw a proposed rule 
     relating to capital requirements applicable to large banking 
   organizations and banking organizations with significant trading 
                   activity, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            January 30, 2024

Mr. Ogles (for himself and Mr. Donalds) introduced the following bill; 
       which was referred to the Committee on Financial Services

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                                 A BILL


 
 To require the heads of certain agencies to withdraw a proposed rule 
     relating to capital requirements applicable to large banking 
   organizations and banking organizations with significant trading 
                   activity, and for other purposes.

    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 ``Stop Basel Endgame Act''.

SEC. 2. WITHDRAWAL OF REGULATORY CAPITAL RULE.

    (a) In General.--The head of each covered agency--
            (1) shall withdraw the proposed rule entitled ``Regulatory 
        Capital Rule: Large Banking Organizations and Banking 
        Organizations with Significant Trading Activity'' (88 Fed. Reg. 
        64028); and
            (2) may not take any action to finalize, implement, or 
        enforce the proposed rule described in paragraph (1) or any 
        substantially similar rule.
    (b) Covered Agency Defined.--For purposes of this section, the term 
``covered agency'' means each of the following Federal agencies:
            (1) The Office of the Comptroller of the Currency.
            (2) The Federal Reserve System.
            (3) The Federal Deposit Insurance Corporation.
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