S. 1139
Referred to CommitteeMain Street Regulatory Fairness Act
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
5/16/2017 • Senate
Summary
Main Street Regulatory Fairness Act
This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).
Introduced in Senate • 5/16/2017
Topics & Subjects
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Sponsor & Cosponsors (4)
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Sponsor
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Bill Journey
Originated in the Senate
Introduced
May 16, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law