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
115th Congress, 2017–2019
This bill was introduced in a previous session of Congress and was passed by the House on April 11, 2018 but was never passed by the Senate.
What legislators are saying
What stakeholders are saying
H.R. 4293 (115th) was 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.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2019). 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. October 21, 2019 <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=October 21, 2019
|author=115th Congress (2017)
|date=November 7, 2017
|quote=Stress Test Improvement Act of 2017
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