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Statutory Thresholds

Specific dollar amounts or limits written directly into federal law that determine when certain rules, regulations, or oversight apply to individuals or entities.

Regulatory Thresholds

Specific dollar amounts or limits established by government agencies (like the Federal Reserve) through their rulemaking process, which are based on, or related to, statutory requirements but not explicitly written in the law itself.

Gross Domestic Product (GDP)

The total monetary value of all finished goods and services produced within a country's borders in a specific time period. It is a key measure of the size and health of an economy.

Federal Reserve Act

The law that created the Federal Reserve System, the central banking system of the United States, granting it authority over monetary policy, banking supervision, and financial services.

Bank Holding Company Act of 1956

A federal law that gives the Federal Reserve Board authority to regulate and supervise bank holding companies, which are companies that own or control one or more banks.

Financial Stability Act of 2010

A part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, this law established new agencies and authorities to monitor and mitigate risks to the financial system, particularly those posed by large, interconnected financial institutions.