Search Results for keywords:"bank holding company act"

Search Results: keywords:"bank holding company act"

S. 5592 — To amend the Bank Holding Company Act of 1956 to prohibit bank holding companies from facilitating fossil fuel production from new sources, or from facilitating transactions that would provide funds for the construction of new or expanded fossil infrastructure that would drive such production, and for other purposes.
💰
December 18, 2024
Status:Introduced in Senate
Congress:118
Words:1,277
S. 5592 seeks to amend the Bank Holding Company Act of 1956 to prevent bank holding companies from supporting the production of fossil fuels from new sources and from funding the creation of new or expanded fossil fuel infrastructure. The bill defines detailed terms related...
Simple Explanation
The bill wants to stop big banks from giving money to projects that make or build new fossil fuels, like oil or coal, by saying they can’t help those projects in any way, and if they do, they might have to pay a lot of money as a punishment.
H. R. 1900 — To specify when the record is complete on certain acquisition applications related to depository institution holding companies, and for other purposes.
March 06, 2025
Status:Introduced in House
Congress:119
Words:1,178
H. R. 1900, titled the “Bank Failure Prevention Act of 2025,” aims to clarify the process for determining when an application involving depository institution holding companies is complete. The bill requires the Board to inform applicants within 30 days if their application...
Simple Explanation
In H. R. 1900, also known as the “Bank Failure Prevention Act of 2025,” the bill makes sure that when a company asks for permission to take over a bank, they get a quick "yes" or "no." If the people in charge of making the decision take too long, it's like an automatic "yes" is approved.

Showing 1 to 2 of 2 results