S. 2655 · 118th Congress · Senate

Transparency in Banking Act

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Jul 27, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Transparency in Banking Act

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.   

Action Timeline

2
  1. JUL 27, 2023IntroReferral

    Introduced in Senate

  2. JUL 27, 2023IntroReferral

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

Committees

1

Banking, Housing, and Urban Affairs Committee

ssbk00

Referred: Jul 27, 2023

Active