Critical Bank Review Act
Summary
Critical Bank Review Act This bill directs the Department of the Treasury to create a new designation ( sectorially critical ) for certain banks and credit unions that are systemically important to a critical sector of the U.S. economy. The appropriate federal banking agency must apply a higher level of regulatory supervision to institutions designated as sectorially critical .
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
President
Introduced Mar 17, 2023
Last action Mar 17, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 17, 2023
House · Referred to committee
Referred to the House Committee on Financial Services.
Mar 17, 2023
House · Introduced
Introduced in House
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ritchie Torres
DDemocratic
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