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118-hr-8337Introduced
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Bank Resilience and Regulatory Improvement Act

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Summary

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The Bank Resilience and Regulatory Improvement Act amends federal banking laws to reduce regulatory requirements for certain financial institutions and streamline banking supervision processes. The bill raises asset thresholds that trigger various regulatory requirements (from $10 billion to $50 billion), establishes 90-day deadlines for bank merger and holding company applications with automatic approval if regulators fail to decide, creates new appeals processes for supervisory determinations, and requires the Federal Reserve to review discount window operations and modify small bank holding company regulations.

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Bill details

Congress
118
Bill type
hr
Introduced
May 10, 2024
Sponsor
Not yet available
Last action
December 3, 2024— Placed on the Union Calendar, Calendar No. 651.

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