115-hr-3312115th Congress

Systemic Risk Designation Improvement Act of 2017

Sponsored By: Representative Luetkemeyer, Blaine [R-MO-3]

Unknown

Summary

Systemic Risk Designation Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to allow the Federal Reserve Board (FRB) to subject a bank holding company to enhanced supervision if: (1) the company has been identified as a global systemically important company; or (2) the risk of the company's financial distress, or the nature of the company's activities, could pose a threat to the financial stability of the United States. Currently, companies are subject to this type of oversight if they possess at least $50 billion in assets or are a nonbank financial company under the FRB's supervision. The Financial Stability Oversight Council must approve of any metrics used by the FRB in determining by regulation that a category of bank holding companies is subject to enhanced supervision. Under this bill, companies subject to enhanced supervision may be required to limit mergers and acquisitions, restrict products offered, or maintain a certain debt ratio. The FRB must publish the list of companies that have been identified as requiring enhanced supervision.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Luetkemeyer, Blaine [R-MO-3]

MO • R

Cosponsors

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 7/19/2017

  • Rep. Williams, Roger [R-TX-25]

    TX • R

    Sponsored 7/19/2017

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 7/19/2017

  • Rep. Hill, J. French [R-AR-2]

    AR • R

    Sponsored 7/19/2017

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 7/19/2017

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 7/19/2017

  • Rep. Stivers, Steve [R-OH-15]

    OH • R

    Sponsored 7/19/2017

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 7/19/2017

  • Rep. Beatty, Joyce [D-OH-3]

    OH • D

    Sponsored 7/24/2017

  • Rep. Sessions, Pete [R-TX-17]

    TX • R

    Sponsored 7/24/2017

  • Rep. Love, Mia B. [R-UT-4]

    UT • R

    Sponsored 7/24/2017

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 7/26/2017

  • Rep. Hastings, Alcee L. [D-FL-20]

    FL • D

    Sponsored 7/26/2017

  • Rep. Pearce, Stevan [R-NM-2]

    NM • R

    Sponsored 7/26/2017

  • Rep. Peters, Scott H. [D-CA-50]

    CA • D

    Sponsored 7/28/2017

  • Rep. Loudermilk, Barry [R-GA-11]

    GA • R

    Sponsored 7/28/2017

  • Rep. Posey, Bill [R-FL-8]

    FL • R

    Sponsored 7/28/2017

  • Rep. Meadows, Mark [R-NC-11]

    NC • R

    Sponsored 7/28/2017

  • Rep. Veasey, Marc A. [D-TX-33]

    TX • D

    Sponsored 7/28/2017

  • Rep. Murphy, Stephanie N. [D-FL-7]

    FL • D

    Sponsored 8/29/2017

  • Rep. Wagner, Ann [R-MO-2]

    MO • R

    Sponsored 8/29/2017

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 8/29/2017

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 8/29/2017

  • Rep. Tipton, Scott R. [R-CO-3]

    CO • R

    Sponsored 9/7/2017

  • Rep. Jackson Lee, Sheila [D-TX-18]

    TX • D

    Sponsored 9/7/2017

  • Rep. Schweikert, David [R-AZ-1]

    AZ • R

    Sponsored 9/7/2017

  • Rep. Gosar, Paul A. [R-AZ-9]

    AZ • R

    Sponsored 9/7/2017

  • Rep. Hollingsworth, Trey [R-IN-9]

    IN • R

    Sponsored 9/7/2017

  • Rep. Kelly, Robin L. [D-IL-2]

    IL • D

    Sponsored 9/25/2017

  • Rep. Curbelo, Carlos [R-FL-26]

    FL • R

    Sponsored 9/25/2017

  • Rep. Yoho, Ted S. [R-FL-3]

    FL • R

    Sponsored 9/25/2017

  • Rep. Webster, Daniel [R-FL-11]

    FL • R

    Sponsored 9/25/2017

  • Rep. Brooks, Mo [R-AL-5]

    AL • R

    Sponsored 9/25/2017

  • Rep. Carter, John R. [R-TX-31]

    TX • R

    Sponsored 9/25/2017

  • Rep. Buchanan, Vern [R-FL-16]

    FL • R

    Sponsored 9/25/2017

  • Sen. Blunt Rochester, Lisa [D-DE]

    DE • D

    Sponsored 9/26/2017

  • Rep. Bucshon, Larry [R-IN-8]

    IN • R

    Sponsored 9/26/2017

  • ILEANA ROS-LEHTINEN

    FL • R

    Sponsored 9/26/2017

  • Rep. Mast, Brian J. [R-FL-21]

    FL • R

    Sponsored 9/26/2017

  • Rep. Smith, Jason [R-MO-8]

    MO • R

    Sponsored 9/26/2017

  • Rep. Ratcliffe, John [R-TX-4]

    TX • R

    Sponsored 9/26/2017

  • Rep. Fitzpatrick, Brian K. [R-PA-1]

    PA • R

    Sponsored 9/26/2017

  • Rep. Higgins, Brian [D-NY-26]

    NY • D

    Sponsored 10/6/2017

  • Rep. Rutherford, John H. [R-FL-5]

    FL • R

    Sponsored 10/6/2017

  • Rep. Norman, Ralph [R-SC-5]

    SC • R

    Sponsored 10/6/2017

  • Rep. Rothfus, Keith J. [R-PA-12]

    PA • R

    Sponsored 10/6/2017

  • Rep. Ross, Dennis A. [R-FL-15]

    FL • R

    Sponsored 10/6/2017

  • Rep. Marchant, Kenny [R-TX-24]

    TX • R

    Sponsored 10/6/2017

  • Rep. Dunn, Neal P. [R-FL-2]

    FL • R

    Sponsored 10/6/2017

  • Rep. Poe, Ted [R-TX-2]

    TX • R

    Sponsored 10/6/2017

  • Rep. Pittenger, Robert [R-NC-9]

    NC • R

    Sponsored 10/6/2017

  • Rep. Graves, Tom [R-GA-14]

    GA • R

    Sponsored 10/6/2017

  • Rep. Schneider, Bradley Scott [D-IL-10]

    IL • D

    Sponsored 10/6/2017

  • Rep. Walker, Mark [R-NC-6]

    NC • R

    Sponsored 10/12/2017

  • Rep. Fleischmann, Charles J. "Chuck" [R-TN-3]

    TN • R

    Sponsored 10/12/2017

  • Rep. Rooney, Francis [R-FL-19]

    FL • R

    Sponsored 10/12/2017

  • Rep. Messer, Luke [R-IN-6]

    IN • R

    Sponsored 10/12/2017

  • Rep. Kustoff, David [R-TN-8]

    TN • R

    Sponsored 10/12/2017

  • Rep. DesJarlais, Scott [R-TN-4]

    TN • R

    Sponsored 10/12/2017

  • PETER KING

    NY • R

    Sponsored 10/12/2017

  • SAM JOHNSON

    TX • R

    Sponsored 10/12/2017

  • Sen. Marshall, Roger [R-KS]

    KS • R

    Sponsored 10/12/2017

  • Rep. Emmer, Tom [R-MN-6]

    MN • R

    Sponsored 10/12/2017

  • Rep. Cooper, Jim [D-TN-5]

    TN • D

    Sponsored 11/2/2017

  • Rep. Brooks, Susan W. [R-IN-5]

    IN • R

    Sponsored 11/2/2017

  • Rep. Jenkins, Lynn [R-KS-2]

    KS • R

    Sponsored 11/2/2017

  • Rep. Paulsen, Erik [R-MN-3]

    MN • R

    Sponsored 11/2/2017

  • Rep. Walorski, Jackie [R-IN-2]

    IN • R

    Sponsored 11/2/2017

  • Rep. Coffman, Mike [R-CO-6]

    CO • R

    Sponsored 11/2/2017

Roll Call Votes

No roll call votes available for this bill.

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