Congress 115 - HR 4293 - Stress Test Improvement Act of 2017

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Cosponsors

Topics

Bank accounts, deposits, capital Banking and financial institutions regulation Federal Reserve System Finance and Financial Sector Financial crises and stabilization

Full Text

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Votes

Summary

Stress Test Improvement Act of 2017

(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) establishing limitations on Comprehensive Capital Analysis and Review by the Federal Reserve Board, (2) reducing the frequency of stress testing from semiannual to annual, and (3) otherwise revising provisions related to stress testing.

(Sec. 4) The bill amends the Federal Reserve Act to lower the maximum allowable amount of surplus funds of the Federal Reserve banks.

Actions

Apr 12, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 11, 2018

Motion to reconsider laid on the table Agreed to without objection.
Apr 11, 2018

On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137). (text: CR H3112)
Apr 11, 2018

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 245 - 174 (Roll no. 137).(text: CR H3112)
Apr 11, 2018

On motion to recommit with instructions Failed by the Yeas and Nays: 188 - 231 (Roll no. 136).
Apr 11, 2018

Considered as unfinished business. (consideration: CR H3128-3129)
Apr 11, 2018

POSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters motion to recommit with instructions, the Chair put the question on the motion to recommit and by voice vote announced that the ayes had prevailed. Ms. Maxine Waters demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
Apr 11, 2018

The previous question on the motion to recommit with instructions was ordered without objection.
Apr 11, 2018

DEBATE - The House proceeded with 10 minutes of debate on the Maxine Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require stronger semi-annual stress tests for any global systemically important bank holding company or subsidiary that has engaged in a pattern of unsafe banking practices or any other violations related to consumer harm.
Apr 11, 2018

Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H3118)
Apr 11, 2018

The previous question was ordered pursuant to the rule.
Apr 11, 2018

DEBATE - The House proceeded with one hour of debate on H.R. 4293.
Apr 11, 2018

The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
Apr 11, 2018

Considered under the provisions of rule H. Res. 780. (consideration: CR H3112-3119)
Mar 15, 2018

Rule H. Res. 780 passed House.
Mar 14, 2018

Rules Committee Resolution H. Res. 780 Reported to House. The resolution provides for one hour of debate on each measure. The rule provides for H.R. 4061 and H.R. 4293 to be considered under closed rules.
Mar 13, 2018

Placed on the Union Calendar, Calendar No. 451.
Mar 13, 2018

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-593.
Nov 15, 2017

Ordered to be Reported (Amended) by the Yeas and Nays: 38 - 21.
Nov 15, 2017

Committee Consideration and Mark-up Session Held.
Nov 7, 2017

Referred to the House Committee on Financial Services.
Nov 7, 2017

Introduced in House

Amendments

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