S. 2655
Referred to CommitteeTransparency in Banking Act
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
7/27/2023 • Senate
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.
Introduced in Senate • 7/27/2023
Topics & Subjects
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Bill Journey
Originated in the Senate
Introduced
July 27, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law