HR 9848
GSIB Act of 2024
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The Greater Supervision In Banking Act of 2024 requires large, globally significant banks (GSIBs) to submit detailed annual reports to the Federal Reserve. These reports will cover a wide range of topics, including the bank’s operations, executive compensation, trading activities, cybersecurity practices, climate risk assessments, and community investments. The goal is to provide regulators with a more comprehensive understanding of these banks’ activities and potential risks.
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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