Senate bill S2497-118

Banking, Housing, and Urban Affairs Committee

Bank Failure Prevention Act

• Last activity on Jul 26, 2023

• Introduced Jul 26, 2023

• By Sen. Vance, J. D. [R-OH]

Support this bill

Bank Failure Prevention Act

This bill converts state-chartered banks that have at least $100 billion in assets to nationally chartered financial institutions overseen by the Office of the Comptroller of the Currency. Under current law, these banks are either regulated by the Federal Reserve or by the Federal Deposit Insurance Corporation.

Senate Actions

IntroReferral
Jul. 26 2023	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Library of Congress Actions

IntroReferral
Jul. 26 2023	Introduced in Senate

Senate bill S2497-118

Bank Failure Prevention Act

Promote the cause!

Or use this QR code