S 1139
115th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Government information and archives
Main Street Regulatory Fairness Act
Introduced: May 16, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 16, 2017
Introduced in Senate
Plain-English summary
Main Street Regulatory Fairness Act
This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1