Stress Test Improvement Act of 2017
Sponsored By: Representative Zeldin, Lee M. [R-NY-1]
Unknown
Summary
Stress Test Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) requiring the Federal Reserve Board (FRB) to revise its regulations regarding specified conditions, methodologies, and models for stress testing; (2) establishing limitations on Comprehensive Capital Analysis and Review by the FRB; and (3) reducing the frequency of stress testing from semiannual to annual.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Zeldin, Lee M. [R-NY-1]
NY • R
Cosponsors
Rep. Scott, David [D-GA-13]
GA • D
Sponsored 12/15/2017
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 12/21/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov