Checked
Critical Bank Review Act
H.R. 1663, 118th Congress
- Status
- In committee
- Introduced
- 03/17/2023
- Cosponsors
- 0
- Latest action
- 03/17/2023
About this bill
- Official title
- Critical Bank Review Act
- Sponsor
- Ritchie Torres (D-NY)
- Introduced in
- House
- Policy area
- Finance and Financial Sector
- Committees
- Financial Services Committee
- Latest action
- Referred to the House Committee on Financial Services.
Summary
Congressional Research Service, Introduced in House (03/17/2023)
Critical Bank Review Act
This bill directs the Department of the Treasury to create a new designation (sectorially critical) for certain banks and credit unions that are systemically important to a critical sector of the U.S. economy. The appropriate federal banking agency must apply a higher level of regulatory supervision to institutions designated as sectorially critical.
Actions
Newest first
- 03/17/2023 · House
Referred to the House Committee on Financial Services.
- 03/17/2023
Introduced in House
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 03/17/2023
Share: