Latest Action
Placed on the Union Calendar, Calendar No. 131.
6/20/2025 • House
Summary
Financial Integrity and Regulation Management Act or the FIRM Act
This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution.
Agencies must report on the implementation of this bill.
Introduced in House • 4/8/2025
Topics & Subjects
CBO Cost Estimates (1)
Congressional Votes (0)
No recorded votes yet
Roll call votes will appear here as the bill moves through Congress
Related Federal Spending
Sponsor & Cosponsors (20)
Party Breakdown
Sponsor
Cosponsors (19)
Bill Journey
Originated in the House
Introduced
April 8, 2025
Committee Review
May 21, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law