Placed on the Union Calendar, Calendar No. 457.
Summary
The bill lifts the dollar levels at which banks, bank holding companies, savings‑and‑loan holding companies and other financial firms must pay Federal Reserve assessments, report to the Financial Stability Oversight Council, and face extra supervision. It also requires those thresholds to be updated every five years based on U.S. gross domestic product. The goal is to keep regulations in step with economic growth and ease the burden on smaller institutions.
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