S. 1139 · 115th Congress
Main Street Regulatory Fairness Act
- Stage
- In committee
- Sponsor
- Jon Tester
- Introduced
- 2017-05-16
- Latest action
- 2017-05-16 · Introduced in Senate
Summary
Main Street Regulatory Fairness Act
This bill amends the Financial Stability Act of 2010 to increase, from $10 billion to $50 billion, the consolidated-assets threshold at which stress-testing requirements apply to certain financial companies. The bill also specifies that stress tests must be conducted periodically (rather than semiannually or annually, depending on the type of financial company, as required under current law).