SB3734Introduced in the Senate
Close the Shadow Banking Loophole Act
Introduced by John Kennedy, District LA
What does this bill do?
Plain-English breakdown
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Official description
A bill to address applications for deposit insurance submitted by industrial banks to the Federal Deposit Insurance Corporation, and for other purposes.
Where it stands
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
January 29, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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