News Column

Rep. Luetkemeyer Introduces Bill to Study Capital Requirements for Nonsystemic Banking Institutions

February 14, 2014



by MERLY LAPIG Targeted News Service

WASHINGTON, Feb. 14 -- Rep. Blaine Luetkemeyer, R-Mo., has introduced legislation (H.R. 4042) to "require a study of appropriate capital requirements for mortgage servicing assets for nonsystemic banking institutions."

The bill was introduced on Feb. 11 and has four co-sponsors. Co-sponsors are Reps. Ed Perlmutter, D-Colo., Tom Cotton, R-Ark., Frank D. Lucas, R-Okla., and Steve Womack, R-Ark.

The legislation was referred to the House Financial Services Committee.

The full text of the bill is available from the Library of Congress Thomas legislative website. To access the bill, go to http://thomas.loc.gov/home/LegislativeData.php?&n=BillText. For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact editor@targetednews.com or call 703/304-1897.

For more information about Targeted News Service products and services, please contact: Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://targetednews.com.

22LapigM 140213-kn-1151326


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Targeted News Service


Story Tools