3.0.0 5659 2023-01-11T13:39:46Z 2023-01-11T13:39:46Z House HR 2018-04-27 115 [Congressional Record Volume 164, Number 69 (Friday, April 27, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. LOVE:H.R. 5659.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3: ``The Congress shall havepower . . . To regulate commerce with foreign nations, andamong the several states, and with the Indian tribes.''[Page H3743]]]> hsba00 Financial Services Committee House Standing Referred to 2018-04-27T13:02:20Z 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 Volcker Rule Regulatory Harmonization Act 115 4790 HR 2018-04-16 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Economic Growth, Regulatory Relief, and Consumer Protection Act 115 2155 S 2018-05-24 Became Public Law No: 115-174. Related bill CRS 2018-04-27 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2018-04-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-04-27 Introduced in House IntroReferral 1000 9 Library of Congress L000584 Rep. Love, Mia B. [R-UT-4] Mia Love R UT B. 4 N H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2018-04-27 True M001194 Rep. Moolenaar, John R. [R-MI-4] John Moolenaar R MI R. 4 2018-05-18 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Financial services and investments Securities Finance and Financial Sector 00 2018-04-27 Introduced in House 2018-05-11T18:46:18Z Volcker Rule Relief Act of 2018

This bill amends the Bank Holding Company Act of 1956 to exempt from the "Volcker Rule" banks with: (1) total assets valued at less than $10 billion, and (2) trading assets and liabilities comprising not more than 5% of total assets. (The Volcker Rule prohibits banking agencies from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds.)

]]> Volcker Rule Relief Act of 2018 Display Title Volcker Rule Relief Act of 2018 Official Title as Introduced To amend the Bank Holding Company Act of 1956 to provide relief from the Volcker Rule for community banks. Introduced in House IH Short Titles as Introduced Volcker Rule Relief Act of 2018 Introduced in House 2018-04-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr5659ih/xml/BILLS-115hr5659ih.xml 2018-04-27 Referred to the House Committee on Financial Services. 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.