HR 4790 - Volcker Rule Regulatory Harmonization Act - National Key Vote


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Title: Volcker Rule Regulatory Harmonization Act

Vote Smart's Synopsis:

Vote to pass a bill that amends the Bank Holding Company Act of 1956 to exempt certain banking institutions from the Volcker Rule.


  • Authorizes the Federal Reserve Board to have the exclusive authority to issue or amend rules over the enforcement of the Volcker rule (Sec. 3).
  • Exempts community banks with total consolidated assets of $10 billion or less or with trading assets and liabilities greater than 5 percent of total consolidated assets from the Volcker rule (Sec. 4).

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