3.0.0 4790 2023-08-15T08:30:23Z 2023-08-15T08:30:23Z House HR 2018-01-12 115 [Congressional Record Volume 164, Number 8 (Friday, January 12, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL:H.R. 4790.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.[Page H173]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2018-04-16T19:31:00Z hsba00 Financial Services Committee House Standing Reported by 2018-04-05T16:37:39Z Markup by 2018-03-21T20:47:58Z Referred to 2018-01-12T15:00:33Z H. Rept. 115-621 Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019 115 6147 HR 2018-09-07 Message on Senate action sent to the House. Related bill CRS Providing for consideration of the bill (H.R. 4790) to amend the Volcker rule to give the Board of Governors of the Federal Reserve System sole rulemaking authority, to exclude community banks from the requirements of the Volcker rule, and for other purposes, and providing for consideration of motions to suspend the rules. 115 811 HRES 2018-04-11 Motion to reconsider laid on the table Agreed to without objection. 14:16:44 Procedurally-related House Volcker Rule Relief Act of 2018 115 5659 HR 2018-04-27 Referred to the House Committee on Financial Services. Related bill CRS 2018-04-16 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2018-04-13 10:48:26 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2018-04-13 10:48:24 On passage Passed by the Yeas and Nays: 300 - 104 (Roll no. 139). (text: CR H3214-3215) Floor H37100 2 House floor actions 139 https://clerk.house.gov/evs/2018/roll139.xml House 115 2018-04-13T14:48:24Z 2 2018-04-13 10:48:24 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 300 - 104 (Roll no. 139).(text: CR H3214-3215) Floor 8000 9 Library of Congress 139 https://clerk.house.gov/evs/2018/roll139.xml House 115 2018-04-13T14:48:24Z 2 2018-04-13 10:19:30 The previous question was ordered pursuant to the rule. Floor H35000 2 House floor actions 2018-04-13 09:10:57 DEBATE - The House proceeded with one hour of debate on H.R. 4790. Floor H8D000 2 House floor actions 2018-04-13 09:08:42 Rule provides for consideration of H.R. 4790 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. Also, the rule provides for motions to suspend the rules relating to H.J. Res. 2 on the legislative day of April 12, 2018. Floor H8D000 2 House floor actions 2018-04-13 09:08:37 Considered under the provisions of rule H. Res. 811. (consideration: CR H3214-3223) Floor H30000 2 House floor actions 2018-04-11 14:16:43 Rule H. Res. 811 passed House. Floor H1L220 2 House floor actions 2018-04-10 18:46:30 Rules Committee Resolution H. Res. 811 Reported to House. Rule provides for consideration of H.R. 4790 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. Also, the rule provides for motions to suspend the rules relating to H.J. Res. 2 on the legislative day of April 12, 2018. Floor H1L210 2 House floor actions 2018-04-05 Placed on the Union Calendar, Calendar No. 474. Calendars H12410 2 House floor actions U00474 2018-04-05 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-621. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2018-04-05 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-621. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2018-03-21 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 10. Committee 2018-03-21 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2018-01-12 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2018-01-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-01-12 Introduced in House IntroReferral 1000 9 Library of Congress H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 N F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2018-04-05 False G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2018-04-05 False H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2018-04-05 False 2018-04-05T13:02:32Z H.R. 4790, Volcker Rule Regulatory Harmonization Act https://www.cbo.gov/publication/53712 As ordered reported by the House Committee on Financial Services on March 21, 2018 Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Federal Reserve System Financial services and investments Securities Finance and Financial Sector 00 2018-01-12 Introduced in House 2018-04-09T14:27:06Z This bill amends the Bank Holding Company Act of 1956 to exempt from the Volcker Rule banks with assets of $10 billion or less. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

The bill also grants exclusive rulemaking authority under the Volcker Rule to the Federal Reserve Board. (Currently, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Commodity Futures Trading Commission also have regulatory authority under the Volcker Rule.)

]]> 17 2018-04-05 Reported to House with amendment(s) 2018-04-10T20:52:05Z Volcker Rule Regulatory Harmonization Act

This bill amends the Bank Holding Company Act of 1956 to exempt from the Volcker Rule banks with total assets: (1) of $10 billion or less, and (2) comprised of 5% or less of trading assets and liabilities. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

The bill also grants exclusive rulemaking authority under the Volcker Rule to the Federal Reserve Board. (Currently, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Commodity Futures Trading Commission also have regulatory authority under the Volcker Rule.)

]]> 36 2018-04-13 Passed House amended 2018-04-18T16:00:12Z Volcker Rule Regulatory Harmonization Act

(Sec. 2) This bill amends the Bank Holding Company Act of 1956 to grant exclusive rulemaking authority under the Volcker Rule to the Federal Reserve Board. (Currently, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Securities and Exchange Commission, and the Commodity Futures Trading Commission also have regulatory authority under the Volcker Rule. The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

(Sec. 4) The bill exempts from the Volcker Rule banks with total assets: (1) of $10 billion or less, and (2) comprised of 5% or less of trading assets and liabilities.

]]> Volcker Rule Regulatory Harmonization Act Display Title Volcker Rule Regulatory Harmonization Act Official Title as Introduced To amend the Volcker rule to give the Board of Governors of the Federal Reserve System sole rulemaking authority, to exclude community banks from the requirements of the Volcker rule, and for other purposes. Introduced in House IH Short Titles as Reported to House Volcker Rule Regulatory Harmonization Act H House Short Titles as Passed House Volcker Rule Regulatory Harmonization Act H House 541 115 HAMDT Pursuant to the provisions of H.Res. 811, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-67 is considered as adopted. Pursuant to the provisions of H.Res. 811, the amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-67 is considered as adopted. 2020-12-15T16:33:32Z Rules Committee 2018-04-13T04:00:00Z House of Representatives 115 HR House H 4790 Volcker Rule Regulatory Harmonization Act 2023-08-15T08:30:23Z Committee Print 115-67 https://www.congress.gov/committee-print/115th-congress/house-committee-print/29543 H.Res. 811 https://www.congress.gov/bill/115th-congress/house-resolution/811 2 2018-04-13 House amendment offered Floor 71000 9 Library of Congress Referred in Senate 2018-04-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4790rfs/xml/BILLS-115hr4790rfs.xml Engrossed in House 2018-04-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4790eh/xml/BILLS-115hr4790eh.xml Reported in House 2018-04-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4790rh/xml/BILLS-115hr4790rh.xml Introduced in House 2018-01-12T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr4790ih/xml/BILLS-115hr4790ih.xml 2018-04-16 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.