H.R.3913: To amend the Bank Holding Company Act of 1956 to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations.

About This Bill

  • This bill was introduced in the 113th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Jan. 16, 2014
  • Latest Major Action July 30, 2014

Bill Sponsor

Bill Summary

Amends the Bank Holding Company Act of 1956 with respect to certain prohibitions against proprietary trading by banking entities and certain relationships of such entities with hedge funds and private equity funds (Volcker rule). Directs the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the appropriate federal banking agencies, when issuing or modifying any regulation related to such...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3913.

Bill Actions

Date Description
July 30, 2014
Ordered to be Reported by the Yeas and Nays: 32 - 22.
July 30, 2014
Committee Consideration and Mark-up Session Held.
July 15, 2014
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Jan. 16, 2014
Referred to the House Committee on Financial Services.
Jan. 16, 2014

Introduced in the House by Sean Duffy (R-Wis.)

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