Pipeline · Bill → Law
Step 1
Introduced
Feb 23, 2024
Step 2
Referred
Feb 23, 2024
Financial Services
Step 3
Committee
Apr 17, 2024
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill requires the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Consumer Financial Protection Bureau, and the National Credit Union Administration to assess the technology used by the entity and its capabilities to conduct real-time supervisory assessments. Every five years, these entities must report to specified congressional committees. The report must contain an overview of the technology used in supervisory assessments and any anticipated upgrades, a description of procurement practices, an overview of the entity’s technology development workforce, and details regarding data sharing procedures.
Timeline · 6 actions
Nov 1, 2024
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-728.
Nov 1, 2024
Placed on the Union Calendar, Calendar No. 615.
Apr 17, 2024
Committee Consideration and Mark-up Session Held
Apr 17, 2024
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Feb 23, 2024
Introduced in House
Feb 23, 2024
Referred to the House Committee on Financial Services.