118th Congress Finance and Financial Sector
H.R. 7143: Stop Basel Endgame Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill requires the withdrawal of the proposed rule titled Regulatory Capital Rule: Large Banking Organizations and Banking Organizations with Significant Trading Activity. The proposed rule revises bank capital requirements and calculations, including by requiring banks to replace their use of internal credit risk models with a standardized approach generally in line with international standards set by the Basel Committee on Banking Supervision. The rule was proposed on September 18, 2023, by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation.
Written by the Congressional Research Service, Library of Congress.
Roll calls
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Amendments
No amendments were offered to this bill.
Cosponsors
- Byron Donalds R-FLOriginal
- Ralph Norman R-SC
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Other bills by Andrew Ogles
History
- Introduced in the House by Andrew Ogles.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.