SENATE 2497118th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bank Failure Prevention Act
- Last Action
- 7/26/2023
Actions
- 2023-07-26Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-07-26Introduced in Senate
CRS Summary
As of 2023-07-26 (00)
Bank Failure Prevention Act
This bill converts state-chartered banks that have at least $100 billion in assets to nationally chartered financial institutions overseen by the Office of the Comptroller of the Currency. Under current law, these banks are either regulated by the Federal Reserve or by the Federal Deposit Insurance Corporation.
Sourced from Congress.gov (public domain).
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