HR 4293 · 115th Congress · Finance and Financial Sector
Stress Test Improvement Act of 2017
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2018-04-12)
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Plain Language Summary
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Stress Test Improvement Act of 2017 This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to modify testing requirements applicable to bank holding companies and certain nonbank financial companies, including by: (1) requiring the Federal Reserve Board (FRB) to revise its regulations regarding specified conditions, methodologies, and models for stress testing; (2) establishing limitations on Comprehensive Capital Analysis and Review by the FRB; and (3) reducing the frequency of stress testing from semiannual to annual.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4293, Stress Test Improvement Act of 2017
Mar 9, 2018As ordered reported by the House Committee on Financial Services on November 15, 2017
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office