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H.R. 4790: Volcker Rule Regulatory Harmonization Act

About the bill

Source: Republican Policy Committee

H.R. 4790 amends Section 619 of the Dodd-Frank Act, known as the “Volcker Rule,” to streamline the regulatory authority over the Volcker Rule by granting the Federal Reserve the exclusive rulemaking authority and providing for sole examination and enforcement authority by an entity’s primary federal regulator. Community banks also will be exempt from the Volcker Rule if they do not have and are not controlled by an entity with $10 billion or more in total consolidated assets and total trading assets and trading liability that are more than ...

Sponsor and status

French Hill

Sponsor. Representative for Arkansas's 2nd congressional district. Republican.

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Last Updated: Apr 16, 2018
Length: 9 pages
Introduced:

Jan 12, 2018

Status:

Passed House (Senate next) on Apr 13, 2018

This bill passed in the House on April 13, 2018 and goes to the Senate next for consideration.

Prognosis:

50% chance of being enacted according to Skopos Labs (details)

History

Jan 12, 2018
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 21, 2018
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Apr 5, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Apr 13, 2018
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 4790 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:

“H.R. 4790 — 115th Congress: Volcker Rule Regulatory Harmonization Act.” www.GovTrack.us. 2018. September 20, 2018 <https://www.govtrack.us/congress/bills/115/hr4790>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.