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Incentivizing Safe and Sound Banking Act (H.R. 7887)

Referred to Committee
Introduced 3/9/2026•119th Congress•House

Latest Action

Referred to the House Committee on Financial Services.

3/9/2026 • House

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.

Introduced in House • 3/9/2026

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Topics & Subjects

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Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

R[
Rep. Waters, Maxine [D-CA-43]

Democrat • CA-43

Sponsored 3/9/2026

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

March 9, 2026

Referred to the House Committee on Financial Services.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House3/9/2026

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors0