Systemic Risk Authority Transparency Act

Summary

Systemic Risk Authority Transparency Act This bill requires banking regulators to submit a report to Congress in the event of the failure of an insured depository institution that leads to a systemic risk determination by the Department of the Treasury. Regulators must report supervisory information relating to the institution, any mismanagement by the executives and the board, any shortcomings by the regulator, and recommendations to improve the safety and soundness of similarly situated institutions. This report must be made no later than 90 days after such a determination and again 210 days afterwards. The Governmental Accountability Office (GAO) must report on additional factors in its report regarding such a determination. Specifically, GAO must report on any mismanagement by the executives and board of the institution, a review of the institution's compensation practices, supervisory or regulatory shortcomings, actions taken by regulators, and other relevant information. The bill also requires this report to be made no later than 60 days after such a determination and again 180 days afterwards.

Summary from the Congressional Research Service. How we handle summaries

Where it stands

Passed one of the two chambers; it still needs the other.

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

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Related bills

• H.R. 664421st Century ROAD to Housing ActRelated bill, contained in public law
• H.R. 6955Main Street ActRelated bill

As identified by Congress.gov.

Full history

1. Dec 2, 2025

   In committee

   Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   U.S. House

2. Dec 2, 2025

   Sent to the executive

   Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   U.S. Senate

3. Dec 1, 2025

   Considered Under Suspension of the rules. (consideration: cr H4947-4948)

   Considered under suspension of the rules. (consideration: CR H4947-4948)

4. Dec 1, 2025

   Considered Under Suspension of the rules. (consideration: cr H4947-4948)

   Considered under suspension of the rules. (consideration: CR H4947-4948)

5. Dec 1, 2025

   Considered Under Suspension of the rules. (consideration: cr H4947-4948)

   Considered under suspension of the rules. (consideration: CR H4947-4948)

Read the record

• Read on Congress.gov (opens in a new tab) The official record on Congress.gov.