HR 7888 · 119th CongressIn Committeecongress.gov ↗

Closing the Enhanced Prudential Standards Loophole Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to change the Financial Stability Act of 2010 to make large banks follow the same stricter rules that bank holding companies currently have to follow, even if those large banks don't have a bank holding company. No official summary is available for this bill.

Sponsor

Rep. Waters, Maxine [D-CA-43]

D

Introduced

March 9, 2026

Policy Area

Finance and Financial Sector

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