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    <congress>119</congress>
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    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 172, Number 65 (Tuesday, April 14, 2026)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. STUTZMAN:H.R. 8278.Congress has the power to enact this legislation pursuantto the following:Congress has the power to enact this legislation pursuantto Article I, Section 8 of the U.S. Constitution.[Page H2886]</pre>]]></constitutionalAuthorityStatementText>
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        <text>Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.</text>
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        <fullName>Rep. Stutzman, Marlin A. [R-IN-3]</fullName>
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        <state>IN</state>
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        <fullName>Rep. Foster, Bill [D-IL-11]</fullName>
        <firstName>Bill</firstName>
        <lastName>Foster</lastName>
        <party>D</party>
        <state>IL</state>
        <district>11</district>
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        <pubDate>2026-08-27T19:59:00Z</pubDate>
        <title>H.R. 8278, Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act</title>
        <url>https://www.cbo.gov/publication/62736</url>
        <description>As reported by the House Committee on Financial Services on June 24, 2026</description>
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          <name>Computer security and identity theft</name>
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        <updateDate>2026-07-13T18:11:43Z</updateDate>
        <text><![CDATA[<p><strong>Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act</strong></p><p>This bill requires specified federal financial agencies to assess their technological capabilities and procurement practices.</p><p>Specifically, agencies (the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Department of the Treasury, the Office of the Comptroller of the Currency, the Financial Crimes Enforcement Network, the Federal Housing Finance Agency, and the National Credit Union Administration) must assess the technology used by the agency and its capabilities to conduct real-time supervisory assessments of entities over which the agency has supervisory authority.</p><p>Additionally, the agencies must assess the applicable procurement rules and protocols when acquiring or developing new technological systems and identify any opportunities to streamline these procedures.</p><p>Every five years, these agencies must report to specified congressional committees. Among other topics, the report must contain an overview of the technology used in supervisory assessments and any anticipated upgrades, a description of procurement practices, an overview of the agency’s technology development workforce, and details regarding data sharing procedures.</p>]]></text>
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    <title>Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act</title>
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        <title>To require certain supervisory agencies to assess their technological capabilities, and for other purposes.</title>
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      <actionDate>2026-06-24</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 617.</text>
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    <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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