Congressional Banking Regulation Priorities and Accountability Act of 2024
This bill requires federal financial agencies (like the Federal Reserve, FDIC, and SEC) to notify Congress 90 days before developing or finalizing international banking policies with covered organizations (e.g., Basel Committee, Financial Stability Board). Agencies must submit detailed notices explaining proposed actions and provide quarterly updates during negotiations. Congress can block participation or policy adoption through a joint resolution of disapproval within a 60-day review period. Agencies must also issue annual public reports detailing their activities with these international bodies.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 10, 2024
Last action Sep 10, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 10, 2024
Committee
Referred to the Committee on Financial Services, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
lower
Sep 10, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andy Barr
RRepublican
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