Search Results for keywords:"capital requirements"

Search Results: keywords:"capital requirements"

H. R. 4206 — To amend the Financial Stability Act of 2010 to require covered financial institutions to include elements of accumulated other comprehensive income when calculating capital for purposes of meeting capital requirements, and for other purposes.
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November 01, 2024
Status:Reported in House
Congress:118
Words:962
H.R. 4206, known as the “Bank Safety Act of 2024,” proposes changes to the Financial Stability Act of 2010. It mandates that certain financial institutions must include accumulated other comprehensive income (AOCI) in their capital calculations. This bill applies to large...
Simple Explanation
The Bank Safety Act of 2024 asks big banks to show some extra money they earn or lose in a different way to make sure they have enough for safety. It helps everyone know how strong the bank really is with their money plans.
H. R. 7143 — To require the heads of certain agencies to withdraw a proposed rule relating to capital requirements applicable to large banking organizations and banking organizations with significant trading activity, and for other purposes.
January 30, 2024
Status:Introduced in House
Congress:118
Words:311
H.R. 7143, known as the "Stop Basel Endgame Act," mandates that leaders of certain federal agencies cancel a proposed rule concerning capital requirements for large banking organizations and those with significant trading activities. Specifically, the Office of the...
Simple Explanation
In this bill, Congress is telling some big US money bosses that they need to stop a new rule about how much money big banks need to keep safe. They want to stop this rule to make sure banks can keep their money rules the same as before.

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