Volcker Rule Relief Act of 2018
Sponsored By: Representative Love, Mia B. [R-UT-4]
Unknown
Summary
Volcker Rule Relief Act of 2018 This bill amends the Bank Holding Company Act of 1956 to exempt from the "Volcker Rule" banks with: (1) total assets valued at less than $10 billion, and (2) trading assets and liabilities comprising not more than 5% of total assets. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Love, Mia B. [R-UT-4]
UT • R
Cosponsors
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 4/27/2018
Rep. Moolenaar, John R. [R-MI-2]
MI • R
Sponsored 5/18/2018
Roll Call Votes
No roll call votes available for this bill.
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