H.R.4566 - Alleviating Stress Test Burdens to Help Investors Act115th Congress (2017-2018)
|Sponsor:||Rep. Poliquin, Bruce [R-ME-2] (Introduced 12/06/2017)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Reports:||H. Rept. 115-601|
|Latest Action:||Senate - 03/21/2018 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Roll Call Votes:||There has been 1 roll call vote|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.4566 — 115th Congress (2017-2018)All Information (Except Text)
Reported to House with amendment(s) (03/15/2018)
Alleviating Stress Test Burdens to Help Investors Act
This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) eliminate the Federal Reserve Board's authority to conduct stress tests of nonbank financial companies more than once annually, and (2) exempt certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests.
The Securities and Exchange Commission and the Commodity Futures Trading Commission may issue separate regulations requiring specified financial companies with more than $10 billion in total consolidated assets to conduct financial-condition analyses.