Alleviating Stress Test Burdens to Help Investors Act
Sponsor: Bruce Poliquin (R-ME)
Alleviating Stress Test Burdens to Help Investors Act This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to: (1) eliminate the Federal Reserve Board's authority to conduct stress tests of nonbank financial companies more than once annually, and (2) exempt certain financial companies not primarily regulated by either a federal banking agency or the Federal Housing Finance Agency from requirements to conduct stress tests. The Securities and Exchange Commission and the Commodity Futures Trading Commission may issue separate regulations requiring specified financial companies with more than $10 billion in total consolidated assets to conduct financial-condition analyses.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 4.7% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 395 | 90.8% |
| Nay | Lost | 19 | 4.4% |
| Not represented on this question | No position taken | 0 | 4.7% |