118th Congress Finance and Financial Sector
S. 2497: Bank Failure Prevention Act
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill converts state-chartered banks that have at least $100 billion in assets to nationally chartered financial institutions overseen by the Office of the Comptroller of the Currency. Under current law, these banks are either regulated by the Federal Reserve or by 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.
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Other bills by James David Vance
History
- Introduced in the Senate by James David Vance.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


