The "Stabilizing Vulnerable Banks Act" is a federal bill aimed at addressing the stability of financially vulnerable banks. The main provisions of the bill likely include measures to strengthen oversight and regulation of such banks to prevent financial instability and protect depositors. It may also outline procedures for early intervention and resolution of troubled banks to minimize risks to the broader financial system. The bill could have significant impacts on the banking sector by enhancing safeguards against bank failures and promoting overall financial stability.
2023-03-14: Introduced in House
2023-03-14: Referred to the House Committee on Financial Services.
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