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- S.3070
S.3070: Financial Institution Living Will Improvement Act of 2018
About This Bill
- Introduced June 14, 2018
- Latest Major Action June 14, 2018
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - June 14, 2018
Bill Summary
Financial Institution Living Will Improvement Act of 2018 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish the frequency with which certain nonbank financial companies and bank holding companies shall be required to submit a "living will" (i.e., the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 14, 2018 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| June 14, 2018 |
Introduced in the Senate by Mike Rounds (R-S.D.) |