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    <number>3465</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-05-18</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 84 (Thursday, May 18, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. BARR:H.R. 3465.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3:To regulate Commerce with foreign Nations, and among theseveral States, and with the Indian Tribes;The single subject of this legislation is:To enhance the transparency of the FDIC's activities.[Page H2457]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-05-18T13:11:50Z</date>
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      <item>
        <title>Increasing Financial Regulatory Accountability and Transparency Act</title>
        <congress>118</congress>
        <number>3556</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-12-19</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 781.</text>
        </latestAction>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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      <item>
        <actionDate>2023-05-18</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <text>Introduced in House</text>
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        <actionDate>2023-05-18</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>B001282</bioguideId>
        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
        <lastName>Barr</lastName>
        <party>R</party>
        <state>KY</state>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>L000583</bioguideId>
        <fullName>Rep. Loudermilk, Barry [R-GA-11]</fullName>
        <firstName>Barry</firstName>
        <lastName>Loudermilk</lastName>
        <party>R</party>
        <state>GA</state>
        <district>11</district>
        <sponsorshipDate>2023-05-18</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
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    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-06-09T15:45:16Z</updateDate>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-05-18</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2024-02-16T19:03:19Z</updateDate>
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          <text>&lt;p&gt;This bill requires additional notice and reporting by agencies when providing assistance to an insured depository institution. First, the Federal Deposit Insurance Corporation (FDIC) must notify the appropriate congressional committees prior to taking action or providing assistance for the purpose of winding up an institution in receivership that presents the risk for serious adverse effects on economic conditions or financial stability. The bill also revises the basis for determining the least costly approach to satisfy the FDIC's obligations to depositors. &lt;/p&gt; &lt;p&gt;The Department of the Treasury must preserve specified information that documents a determination of an institution's potential to cause serious adverse effects on economic conditions or financial stability. &lt;/p&gt; &lt;p&gt;The Board of Directors of the FDIC, Treasury, and Board of Governors of the Federal Reserve System must report to the appropriate congressional committees additional information on emergency determinations. &lt;/p&gt;</text>
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    </summaries>
    <title>To enhance Federal Deposit Insurance Corporation transparency.</title>
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      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>To enhance Federal Deposit Insurance Corporation transparency.</title>
        <updateDate>2024-07-24T15:22:03Z</updateDate>
      </item>
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        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To enhance Federal Deposit Insurance Corporation transparency.</title>
        <updateDate>2024-03-18T20:50:34Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2023-05-18T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr3465ih/xml/BILLS-118hr3465ih.xml</url>
          </item>
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    <latestAction>
      <actionDate>2023-05-18</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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