Systemic Risk Authority Transparency Act
Introduced Jun 4, 2025 by Rep. Al Green
The House passed it. The Senate has to pass it before it can reach the President.
This bill requires banking regulators to submit a report to Congress in the event of the failure of an insured depository institution that leads to a systemic risk determination by the Department of the Treasury.
Regulators must report supervisory information relating to the institution, any mismanagement by the executives and the board, any shortcomings by the regulator, and recommendations to improve the safety and soundness of similarly situated institutions. This report must be made no later than 90 days after such a determination and again 210 days afterwards.
The Governmental Accountability Office (GAO) must report on additional factors in its report regarding such a determination. Specifically, GAO must report on any mismanagement by the executives and board of the institution, a review of the institution's compensation practices, supervisory or regulatory shortcomings, actions taken by regulators, and other relevant information. The bill also requires this report to be made no later than 60 days after such a determination and again 180 days afterwards.
Summary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- Dec 2, 2025Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Dec 1, 2025Motion to reconsider laid on the table Agreed to without objection.
- Dec 1, 2025On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4947)
- Dec 1, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4947)
- Dec 1, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 3716.
- Dec 1, 2025Considered under suspension of the rules. (consideration: CR H4947-4948)
- Dec 1, 2025Mr. Davidson moved to suspend the rules and pass the bill, as amended.
- Jul 15, 2025Placed on the Union Calendar, Calendar No. 169.
- Jul 15, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-206.
- Jun 10, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Jun 10, 2025Committee Consideration and Mark-up Session Held
- Jun 4, 2025Referred to the House Committee on Financial Services.
- Jun 4, 2025Introduced in House