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HR 4790 115th Congress House Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Federal Reserve System Financial services and investments Securities

Volcker Rule Regulatory Harmonization Act

Introduced: January 12, 2018 Introduced by: Hill, J. French Republican · Arkansas See on congress.gov
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 Everywhere this bill has been 16 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 13, 2018
Motion to reconsider laid on the table Agreed to without objection.
Apr 13, 2018
On passage Passed by the Yeas and Nays: 300 - 104 (Roll no. 139). (text: CR H3214-3215)
Apr 13, 2018
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 300 - 104 (Roll no. 139).(text: CR H3214-3215)
Apr 13, 2018
The previous question was ordered pursuant to the rule.
Apr 13, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 4790.
Apr 13, 2018
Rule provides for consideration of H.R. 4790 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. Also, the rule provides for motions to suspend the rules relating to H.J. Res. 2 on the legislative day of April 12, 2018.
Apr 13, 2018
Considered under the provisions of rule H. Res. 811. (consideration: CR H3214-3223)
Apr 11, 2018
Rule H. Res. 811 passed House.
Apr 10, 2018
Rules Committee Resolution H. Res. 811 Reported to House. Rule provides for consideration of H.R. 4790 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. Also, the rule provides for motions to suspend the rules relating to H.J. Res. 2 on the legislative day of April 12, 2018.
Apr 5, 2018
Placed on the Union Calendar, Calendar No. 474.
Apr 5, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-621.
Mar 21, 2018
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 10.
Mar 21, 2018
Committee Consideration and Mark-up Session Held.
Jan 12, 2018
Referred to the House Committee on Financial Services.
Jan 12, 2018
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Apr 13, 2018 House · vote #139 On Passage Passed 300–104 See who voted →
 Plain-English summary Congressional Research Service

Volcker Rule Regulatory Harmonization Act

(Sec. 2) This bill amends the Bank Holding Company Act of 1956 to grant exclusive rulemaking authority under the Volcker Rule to the Federal Reserve Board. (Currently, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Commodity Futures Trading Commission also have regulatory authority under the Volcker Rule. The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

(Sec. 4) The bill exempts from the Volcker Rule banks with total assets: (1) of $10 billion or less, and (2) comprised of 5% or less of trading assets and liabilities.

What's happening now April 16, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2