Search Results for keywords:"bank regulation"

Search Results: keywords:"bank regulation"

S. 875 — To curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.
March 06, 2025
Status:Introduced in Senate
Congress:119
Words:1,170
S. 875 aims to prevent the political influence of federal banking agencies by removing "reputational risk" from their oversight of banks and credit unions. The bill asserts that using reputational risk allows agencies to unfairly limit access to financial services for certain...
Simple Explanation
The bill wants to make sure that bank rules are fair by stopping them from being influenced by whether something looks bad, like a rumor. It means banks and credit unions shouldn't get treated differently just because someone thinks they might look bad.
H. R. 2702 — To curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.
April 08, 2025
Status:Introduced in House
Congress:119
Words:1,180
H.R. 2702, known as the "Financial Integrity and Regulation Management Act" or "FIRM Act," aims to prevent federal banking agencies from using reputational risk as part of their oversight of banks and financial institutions. The bill defines reputational risk as the potential harm from...
Simple Explanation
H.R. 2702, called the "FIRM Act," is a rule that says people who check on banks must stop worrying about whether the bank might look bad because of what others say, so they can focus on more important things.

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