115-hr-5659115th Congress

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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