HR 7143 United States House · 118th Congress

Stop Basel Endgame Act

Summary
Stop Basel Endgame Act This bill requires the withdrawal of the proposed rule titled Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity . The proposed rule revises bank capital requirements and calculations, including by requiring banks to replace their use of internal credit risk models with a standardized approach generally in line with international standards set by the Basel Committee on Banking Supervision. The rule was proposed on September 18, 2023, by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
President
Introduced Jan 30, 2024 Last action Jan 30, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 30, 2024
Committee
Referred to the House Committee on Financial Services.
lower
Jan 30, 2024
Introduced
Introduced in House
lower
1 primary · 2 co-sponsors

Sponsors