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H.R. 4293: Stress Test Improvement Act of 2017

CBO Score

$16 million

Date of Report

Fri March 9th, 2018

CBO Report Details

Legislation Details

115th Congress

To reform the Comprehensive Capital Analysis and Review process, the Dodd-Frank Act Stress Test process, and for other purposes.

Sponsor: Rep. Lee Zeldin — R — NY

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) establishing limitations on Comprehensive Capital Analysis and Review by the Federal Reserve Board, (2) reducing the frequency of stress testing from semiannual to annual, and (3) otherwise revising provisions related to stress testing. (Sec. 4)...

View the full vote history of this bill on GovTrack.us.

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