S.1893: Systemic Risk Designation Improvement Act of 2017

About This Bill

  • Introduced Sept. 28, 2017
  • Latest Major Action Sept. 28, 2017

Bill Version

Bill Summary

Systemic Risk Designation Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to allow the Federal Reserve Board (FRB) to subject a bank holding company to enhanced supervision if: (1) the company has been identified as a global systemically important company; or (2) the risk of the company's financial distress, or the nature of the company's activities, could pose a threat to the financial...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 28, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sept. 28, 2017

Introduced in the Senate by Claire McCaskill (D-Mo.)

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