3.0.0 3556 2025-05-27T14:12:17Z 2025-05-27T14:12:17Z House H HR 2023-05-22 118 <pre>[Congressional Record Volume 169, Number 86 (Monday, May 22, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. BARR:H.R. 3556.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 strengthen the transparency and accountability ofFederal Banking regulators.[Page H2501]</pre> hsgo00 Oversight and Government Reform Committee House Standing Discharged From 2024-12-19T20:17:17Z Unknown 2024-12-04T16:54:56Z Referred To 2023-05-22T16:00:25Z hsru00 Rules Committee House Standing Discharged From 2024-12-04T16:54:36Z Referred To 2023-05-22T16:00:30Z hsba00 Financial Services Committee House Standing Reported By 2024-12-04T16:54:15Z Markup By 2023-05-24T15:30:01Z Referred To 2023-05-22T16:00:20Z H. Rept. 118-793 118 3465 HR 2023-05-18 Referred to the House Committee on Financial Services. Related bill CRS 118 3467 HR 2023-05-18 Referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Accountability, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 118 3555 HR 2023-05-22 Referred to the House Committee on Financial Services. Related bill CRS 118 3558 HR 2023-05-22 Referred to the House Committee on Financial Services. Related bill CRS 118 3466 HR 2023-05-18 Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 2024-12-19 Placed on the Union Calendar, Calendar No. 781. Calendars H12410 2 House floor actions 2024-12-19 Committee on Oversight and Accountability discharged. Discharge H12300 2 House floor actions hsgo00 Oversight and Government Reform Committee 2024-12-19 Committee on Oversight and Accountability discharged. Committee 5500 9 Library of Congress hsgo00 Oversight and Government Reform Committee 2024-12-04 House Committee on Oversight and Accountability Granted an extension for further consideration ending not later than Dec. 19, 2024. IntroReferral H11210 2 House floor actions hsgo00 Oversight and Government Reform Committee 2024-12-04 Committee on Rules discharged. Discharge H12300 2 House floor actions hsru00 Rules Committee 2024-12-04 Committee on Rules discharged. Committee 5500 9 Library of Congress hsru00 Rules Committee 2024-12-04 Reported (Amended) by the Committee on Financial Services. H. Rept. 118-793, Part I. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2024-12-04 Reported (Amended) by the Committee on Financial Services. H. Rept. 118-793, Part I. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2023-05-24 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 26 - 22. Committee 2023-05-24 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held Committee 2023-05-22 Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Accountability, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2023-05-22 Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Accountability, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Government Reform Committee 2023-05-22 Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Accountability, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-05-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-05-22 Introduced in House IntroReferral 1000 9 Library of Congress B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 N L000583 Rep. Loudermilk, Barry [R-GA-11] Barry Loudermilk R GA 11 2023-05-22 True F000471 Rep. Fitzgerald, Scott [R-WI-5] Scott Fitzgerald R WI 5 2023-05-22 True D000594 Rep. De La Cruz, Monica [R-TX-15] Monica De La Cruz R TX 15 2023-05-22 True K000397 Rep. Kim, Young [R-CA-40] Young Kim R CA 40 2023-05-22 True 2023-10-16T15:29:00Z https://www.cbo.gov/publication/59657 As ordered reported by the House Committee on Financial Services on May 24, 2023 2023-10-16T15:29:00Z https://www.cbo.gov/publication/59657 As ordered reported by the House Committee on Financial Services on May 24, 2023 Finance and Financial Sector Administrative law and regulatory procedures 2024-01-19T17:00:26Z Advisory bodies 2024-01-19T17:00:26Z Banking and financial institutions regulation 2024-01-19T17:00:26Z Congressional oversight 2024-01-19T17:00:26Z Congressional-executive branch relations 2024-01-19T17:00:26Z Federal Deposit Insurance Corporation (FDIC) 2024-01-19T17:00:26Z Federal officials 2024-01-19T17:00:26Z Government ethics and transparency, public corruption 2024-01-19T17:00:26Z Legislative rules and procedure 2024-01-19T17:00:26Z Finance and Financial Sector 2023-06-06T17:00:41Z

00 2023-05-22 Introduced in House 2024-04-12T18:50:42Z <p><b>Increasing Financial Regulatory Accountability and Transparency Act </b></p> <p>This bill establishes new disclosure, approval, and notification requirements for financial regulators, including the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System, and the Financial Stability Oversight Council (FSOC). </p> <p>For example, FDIC must notify Congress prior to taking action or providing certain assistance to an insured depository institution in receivership that risks serious adverse effects on economic conditions or financial stability. Further, the board must disclose on a more frequent basis information about emergency credit facilities, discount window lending programs, and open market operations. </p> <p>The bill requires congressional approval before subjecting a nonbank financial company to enhanced prudential supervision. Currently, the FSOC makes this determination upon an evaluation and vote that requires two-thirds of the council's approval. The bill also eliminates the emergency exception to this authority that allows the FSOC to waive or modify certain requirements. </p> <p>The bill establishes qualification requirements for the Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System. Specifically, an individual must have primary experience working in or supervising insured depository institutions, bank holding companies, or savings and loan holding companies. </p> <p>Finally, the bill requires specified financial agencies to testify in front of and report to the appropriate congressional committees semi-annually regarding the efforts, activities, objectives, and plans for the supervision and regulation of entities under their supervision. </p>

Short Title(s) as Reported to House 102 2024-12-27T10:38:14Z H House Reported in House RH Display Title 45 2024-07-24T15:22:14Z Short Title(s) as Introduced 101 2024-05-24T13:40:02Z Introduced in House IH Official Title as Introduced 6 2024-03-18T20:51:26Z Introduced in House IH Reported in House 2024-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr3556rh/xml/BILLS-118hr3556rh.xml Introduced in House 2023-05-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr3556ih/xml/BILLS-118hr3556ih.xml 2024-12-19 Placed on the Union Calendar, Calendar No. 781. text/xml EN 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. Congressional Research Service, Library of Congress 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.