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Search Results: keywords:"regulatory accountability"

  • 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.

  • H. R. 8239, titled the “SEC Regulatory Accountability Act,” aims to improve how the Securities and Exchange Commission (SEC) considers the costs and benefits of its regulations and orders. It requires the SEC to evaluate problems, identify market impacts, and assess costs and...

    Simple Explanation

    H. R. 8239 is a plan to make sure the people in charge of keeping our money safe, like the SEC, think about how much their rules will help or hurt everyone before they make them. It also checks to make sure the rules aren't too hard to follow and that they keep checking if the rules are working well.