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House bill · H.R. 2702 (119th Congress)

FIRM Act

U.S. House of Representatives

Latest action Jun 20, 2025

Sponsor: Andy Barr (U.S. Representative, KY-6, Republican)

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From Congress.gov and official rosters. This record was last updated Aug 2, 2026. About our data

Summary

Financial Integrity and Regulation Management Act or the FIRM Act This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution. Agencies must report on the implementation of this bill.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Out of committee and scheduled for a vote by the full chamber.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

House Committee on Financial Services · U.S. House of Representatives

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Cosponsors

19

Showing the 18 who are on Agora, A to Z. Congress.gov listed 19 as of Jul 31, 2026.

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  • Republican17
  • Democratic1

This bill has cosponsors from more than one party.

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As identified by Congress.gov.

Full history

  1. Jun 20, 2025

    Placed on the Union Calendar, Calendar No. 131.

  2. Jun 20, 2025

    Placed on the Union Calendar, Calendar No. 131.

  3. Jun 20, 2025

    Introduced

    Placed on the Union Calendar, Calendar No. 131.

    U.S. House

  4. Jun 20, 2025

    Placed on the Union Calendar, Calendar No. 131.

  5. Jun 20, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.

Show full history (11 earlier events)
  1. Jun 20, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.

  2. Jun 20, 2025

    Reported out of committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.

  3. May 21, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  4. May 21, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  5. May 21, 2025

    Committee vote

    Committee Consideration and Mark-up Session Held

  6. May 21, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.

  7. May 21, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.

  8. May 21, 2025

    Reported out of committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.

  9. May 19, 2025

    Introduced

    Introduced in U.S. House

    U.S. House

  10. Apr 8, 2025

    Introduced

    Introduced in House

    U.S. House of Representatives

  11. Apr 8, 2025

    Referred to committee

    Referred to the House Committee on Financial Services.

    U.S. House of Representatives

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