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United States · Bill · HR

H.R. 7143 (118th)

Stop Basel Endgame Act

referredUnited States· United States Congress· EN

Introduced

30 January 2024

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

20 September 2024

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. 

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Documents

3 official files

Introduced in House (text)

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