To amend the Federal Deposit Insurance Act to exclude affiliates and subsidiaries of insured depository institutions in the definition of deposit broker, and for other purposes.
Brokered Deposit Affiliate-Subsidiary Modernization Act of 2018
This bill excludes affiliates and subsidiaries of an insured depository institution from certain limitations applicable to brokered deposits.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 34 - 17.
Reported by the Committee on Financial Services. H. Rept. 115-1096.
Reported by the Committee on Financial Services. H. Rept. 115-1096.
Placed on the Union Calendar, Calendar No. 848.
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