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HB7888Introduced in the House

Closing the Enhanced Prudential Standards Loophole Act

IntroducedHouse Financial Services

Introduced by Maxine Waters, District CA-43

What does this bill do?

Plain-English breakdown

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Official description

To amend the Financial Stability Act of 2010 to apply the enhanced supervision and prudential standards applicable under such Act with respect to bank holding companies to large banks that do not have a bank holding company, and for other purposes.

Where it stands

Referred to the House Committee on Financial Services.

March 9, 2026

How did lawmakers vote?

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Bill history

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

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