Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 2655: Transparency in Banking Act

Introduced

  1. Introduced (completed)Jul 27, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 27, 2023

This bill requires the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to jointly publish an annual report on their planned participation in the Basel Committee on Bank Supervision. The report must include their goals in attending the committee meeting. The committee is comprised of different national banking supervisory authorities and sets non-binding standards for capital, liquidity, and funding.

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Other bills by John Kennedy

History

  1. Jul 27, 2023Introduced in the Senate by John Kennedy.
Show the full action history (2 actions)
  1. Jul 27, 2023Introduced in Senate
  2. Jul 27, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.