118th Congress · SENATE BILLBILL

S. 1900 — Tracking Bad Actors Act of 2023

“A bill to require Federal financial regulators to create a publicly available database for certain bad actors, and for other purposes.”

Finance and financial sector

Introduced Jun 8, 2023

Last action Jun 8, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 8, 2023

Step 2

Referred

Jun 8, 2023

Banking, Housing, and Urban Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill requires federal financial regulators to jointly publish a database of persons convicted or held liable in criminal, civil, or administrative actions regarding financial services that are brought by federal financial regulators, the Department of Justice, certain self-regulating organizations, or state or local agencies that voluntarily submit such information. The Government Accountability Office must report on the database five years after the database is operational.

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

Jun 8, 2023

Introduced in Senate

Jun 8, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.