Banking legislation refers to the set of laws and regulations that govern the operations of banks and financial institutions. These laws are designed to ensure the stability and integrity of the banking system, protect consumers, and prevent financial crimes such as fraud and money laundering. Key pieces of legislation include the Banking Act and the Dodd-Frank Act, which establish guidelines for capital requirements, lending practices, and consumer protections. In addition to federal laws, banking legislation can also vary by state, with local regulations addressing specific issues like interest rates and licensing. Regulatory bodies, such as the Federal Reserve and the Office of the Comptroller of the Currency, oversee compliance with these laws, ensuring that banks operate safely and soundly while serving the needs of their customers.