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Bill > HR4601


US HR4601

US HR4601
Banking Regulator International Reporting Act


summary

Introduced
07/13/2023
In Committee
07/13/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To require Federal banking agencies to report on interactions with non-governmental international organizations, and for other purposes.

AI Summary

This bill, the Banking Regulator International Reporting Act, requires federal banking agencies, including the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, National Credit Union Administration, and Federal Housing Finance Agency, to keep detailed records of their interactions with non-governmental international organizations, such as the Financial Stability Board and Basel Committee on Banking Supervision. The agencies must then submit annual reports to Congress outlining these interactions and providing information on the funding sources of the non-governmental international organizations. The purpose of this bill is to increase transparency and oversight of the federal banking agencies' engagement with international regulatory bodies.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 07/13/2023)

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