118th Congress Finance and Financial Sector
H.R. 7036: Strengthening Cybersecurity for the Financial Sector Act of 2024
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill provides for the regulation and supervision of certain financial organizations and service providers.
The bill subjects credit union organizations to the same regulation and examination by the Board of Directors of the National Credit Union Administration as insured credit unions. In addition, if a credit union that is subject to examination by the board delegates or contracts for the performance of certain activities and services, this must be disclosed to the board and is subject to regulation and examination by the board.
Further, if the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, any Federal Home Loan Bank, or the Office of Finance of the Federal Home Loan Bank System delegates or contracts for the performance of certain activities and services, this must be disclosed and is subject to regulation and examination by the Federal Housing Finance Agency.
Written by the Congressional Research Service, Library of Congress.
Roll calls
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Amendments
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Other bills by Bill Foster
- H.R. 3682: Financial Stability Oversight Council Improvement Act of 2025
- H.R. 783: To designate the Department of Energy Integrated Engineering Research Center Federal Building located at the Fermi National Accelerator Laboratory in Batavia, Illinois, as the "Helen Edwards Engineering Research Center".
History
- Introduced in the House by Bill Foster.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.