Closing the Enhanced Prudential Standards Loophole Act

This bill would change Section 165 of the Financial Stability Act of 2010, which sets enhanced supervision and prudential standards for bank holding companies. It would apply those same standards to banks that are not owned by a bank holding company. A bank without a holding company would be treated the same way as a bank holding company that has the same amount of total consolidated assets.

Full text and official record on Congress.gov

Sponsors

• Maxine Waters Democrat sponsor
• 0 cosponsors