House bill · H.R. 7887 (119th Congress)
Incentivizing Safe and Sound Banking Act
U.S. House of Representatives
Sponsor: Maxine Waters (U.S. Representative, CA-43, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
Incentivizing Safe and Sound Banking Act This bill allows the Federal Deposit Insurance Corporation to, during cease-and-desist proceedings for unsafe or unsound practices in an institution, prohibit the sale of stock in a bank or holding company by an officer or director of the bank or any bank-affiliated party who received stock as compensation. Further, the bill automatically prohibits the sale of such stocks by senior executive officers at large banks if the bank receives a certain risk management rating or if the bank is under an unresolved supervisory notice issued by a banking regulator.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Financial Services · U.S. House of Representatives
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Full history
- Mar 9, 2026
Introduced
Introduced in House
U.S. House of Representatives
- Mar 9, 2026
Introduced
Introduced in U.S. House
U.S. House
- Mar 9, 2026
Referred to committee
Referred to the House Committee on Financial Services.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.