To reduce and standardize the leverage limit capital standard applicable to qualified banks on a temporary basis to stimulate the economy by encouraging bank lending to small and medium-sized businesses and to consumers.
Bank Lending Stimulus Act - Establishes an 18-month moratorium during which a Federal banking regulatory agency is prohibited from imposing or enforcing upon an adequately capitalized insured bank any leverage limit which requires a ratio of tangible equity to total assets greater than three percent. Cites exceptions for insured banks with insufficient loan loss reserves, or operating in an unsafe or unsound manner.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
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