About the bill
H.R. 4293 improves the stress testing process for bank holding companies. Specifically, the bill improves the process by:
- Requiring certain bank holding companies to conduct company-run stress tests once a year rather than semiannually;
- Reduces the number of supervisory scenarios from three to two—the baseline and severely adverse scenario;
- Does away with mid-year stress tests;
- Prohibits the Federal Reserve from objecting to a bank holding company’s capital plan based on qualitative deficiencies.
The Federal Reserve (Fed) administers a set of “stress tests” to determine the ability of ...
Sponsor and status
Sponsor. Representative for New York's 1st congressional district. Republican.
Last Updated: Apr 12, 2018
Length: 4 pages
What stakeholders are saying
H.R. 4293 is a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2018). H.R. 4293 — 115th Congress: Stress Test Improvement Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr4293
“H.R. 4293 — 115th Congress: Stress Test Improvement Act of 2017.” www.GovTrack.us. 2017. September 23, 2018 <https://www.govtrack.us/congress/bills/115/hr4293>
Stress Test Improvement Act of 2017, H.R. 4293, 115th Cong..
|title=H.R. 4293 (115th)
|accessdate=September 23, 2018
|author=115th Congress (2017)
|date=November 7, 2017
|quote=Stress Test Improvement Act of 2017
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