However, the Collins amendment to Dodd-Frank 19 effectively eliminates any authority of the Board to extend the capital treatment in the policy statement to holding companies with assets greater than the threshold in effect on May 19, 2010, or to savings and loan holding companies of any size. Thus, we would need legislative action to effect these changes.
Tiered supervision Federal banking regulators have long organized supervision into portfolios of institutions based predominantly – though for larger firms, not exclusively – on asset size. Various provisions of Dodd-Frank motivated the Federal Reserve to modify the composition of the portfolios somewhat.