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United States · Bill · S

S. 2497 (118th)

Bank Failure Prevention Act

referredUnited States· United States Congress· EN

Introduced

26 July 2023

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Bank Failure Prevention Act This bill converts state-chartered banks that have at least $100 billion in assets to nationally chartered financial institutions overseen by the Office of the Comptroller of the Currency. Under current law, these banks are either regulated by the Federal Reserve or by the Federal Deposit Insurance Corporation.   

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Documents

3 official files

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Sources

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