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Transparency in Banking Act

In committee: it can still change before the session ends.

US S 940 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsor
1
Latest action
Mar 11, 2025

What it does

The Transparency in Banking Act would require the Federal Reserve Board, the Federal Reserve Bank of New York, the Office of the Comptroller of the Currency, and the FDIC—consulting with the Treasury Secretary—to annually submit a detailed report to Congress and publish it online about U.S. participation in the Basel Committee on Bank Supervision, including attendee lists, agenda items, proposed standards, implementation authority, and subcommittee activities. The bill also mandates that these agencies notify Congress within 30 days of any significant changes to planned Basel Committee activities, providing meeting outcomes, economic context, vote records, and the positions of U.S.…

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Mar 11, 2025

  2. Committee (Current step)

    In committee · Mar 11, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Transparency in Banking Act | 52