Search Results: keywords:"banking supervision"

  • H. R. 7437 — To require certain supervisory agencies to assess their technological vulnerabilities, and for other purposes.
    Status:Reported in House
    Words:1,494

    H.R. 7437 proposes a requirement for certain supervisory agencies to assess their current technological systems and procurement practices to identify vulnerabilities. The bill aims to ensure these agencies can effectively and sustainably fulfill their roles, such as...

    Simple Explanation

    H.R. 7437 is a plan to make sure some government agencies check their computer systems to find any weaknesses, so they can do their jobs better and keep people safe in the digital world. They want to learn about their computers, fix any problems, and work together to make a strong plan for the future.

  • H. R. 3556 — To amend the Federal financial laws to increase financial regulatory accountability and transparency, and for other purposes.
    Status:Reported in House
    Words:9,159

    H.R. 3556 is a proposed law intended to make the United States' financial systems more accountable and transparent. The bill aims to enhance the transparency of major financial institutions like the Federal Deposit Insurance Corporation, the Federal Reserve, and the Financial...

    Simple Explanation

    H.R. 3556 is like a new set of rules to make sure big money bosses, like banks, share more information about what they do and why, to help everyone keep an eye on them and make sure they are behaving well. It also makes sure there are special checks to pick people who are good at keeping an eye on these money bosses.

  • S. 427 — To require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes.
    Status:Introduced in Senate
    Words:1,141

    S. 427, also known as the "Taking Account of Institutions with Low Operation Risk Act of 2025" or the "TAILOR Act of 2025," requires Federal financial regulatory agencies to consider the risk profiles and business models of institutions when taking regulatory actions. The...

    Simple Explanation

    In 2025, the TAILOR Act asks rules for banks to fit each bank's way of doing business, so they don't have to follow rules that don't make sense for them. This means big banks and small banks might have different rules, to make everything fairer and not too hard for anyone.