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house Bill H.R. 3329

Loosening Restrictions on Bank Holding Companies

Argument in favor

Increasing the eligibility threshold to $1 billion accounts for inflation, industry consolidation, and asset growth.

Argument opposed

Lessens federal oversight of major financial institutions.

bill Progress

  • EnactedDecember 18th, 2014
    The President signed this bill into law
  • The senate Passed December 11th, 2014
    Passed by Voice Vote
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
  • The house Passed May 6th, 2014
    Passed by Voice Vote
      house Committees
      Committee on Financial Services
    IntroducedOctober 23rd, 2013

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