H.R. 5659
Referred to CommitteeVolcker Rule Relief Act of 2018
Latest Action
Referred to the House Committee on Financial Services.
4/27/2018 • House
Summary
Volcker Rule Relief Act of 2018
This bill amends the Bank Holding Company Act of 1956 to exempt from the "Volcker Rule" banks with: (1) total assets valued at less than $10 billion, and (2) trading assets and liabilities comprising not more than 5% of total assets. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)
Introduced in House • 4/27/2018
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
Sponsor
Cosponsors (2)
Bill Journey
Originated in the House
Introduced
April 27, 2018
Referred to the House Committee on Financial Services.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (3)
H.R. 6147
Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
H.R. 4790
Volcker Rule Regulatory Harmonization Act
S. 2155
Economic Growth, Regulatory Relief, and Consumer Protection Act