Search Results for keywords:"regulation and examination"

Search Results: keywords:"regulation and examination"

H. R. 7036 — To amend the Federal Credit Union Act to modify requirements relating to the regulation and examination of credit union organizations and service providers, to provide the Director of the Federal Housing Finance Agency with the authority to regulate the provision of services provided to the Government-sponsored enterprises and Federal Home Loan Banks, and for other purposes.
January 18, 2024
Status:Introduced in House
Congress:118
Words:570
H. R. 7036, known as the “Strengthening Cybersecurity for the Financial Sector Act of 2024,” aims to update regulations for credit union organizations and service providers. It amends the Federal Credit Union Act by changing certain notification and procedural requirements...
Simple Explanation
H. R. 7036 is a bill that tries to make rules stronger for banks and credit unions, especially on computer safety to keep everyone's money safe. It also gives one person, the Director of a big housing group, the power to check on how these banks get help from others, making sure it's all done right.

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