Senate Bill 3538 - Close the Shadow Banking Loophole Act

Purpose and Summary

Chamber: Senate

Introduced date: 2023-12-14

Recent Activity

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Alternative Names

Close the Shadow Banking Loophole Act

Close the Shadow Banking Loophole Act

A bill to address applications for deposit insurance submitted by industrial banks to the Federal Deposit Insurance Corporation, and for other purposes.

Associated Legislation

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Policy Areas

Finance and Financial Sector

Potential Impact

Sponsors and Supporters

Sen. Brown, Sherrod [D-OH]

Cosponsors and Supporters

Sen. Kennedy, John [R-LA]

Sen. Casey, Robert P., Jr. [D-PA]

Sen. Van Hollen, Chris [D-MD]

Sen. Braun, Mike [R-IN]

Sen. Wicker, Roger F. [R-MS]

Committees and Subcommittees

Banking, Housing, and Urban Affairs Committee

Variations and Revisions

Close the Shadow Banking Loophole Act

1/26/2024, 6:15 PM
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118
Number
S - 3538
Introduced on
2023-12-14
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

12/14/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Alternative Names
Official Title as IntroducedA bill to address applications for deposit insurance submitted by industrial banks to the Federal Deposit Insurance Corporation, and for other purposes.
Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Action12/14/2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.