HR3556-118

Introduced

To amend the Federal financial laws to increase financial regulatory accountability and transparency, and for other purposes.

118th Congress Introduced May 22, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Federal financial laws to increase financial regulatory accountability and transparency, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Labor.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H49268B35E2814F3EAD4DFD5A84DEE8C3: 1. Short title; table of contents This Act may be cited as the Increasing Financial Regulatory Accountability and Transparency Act. The table of contents for...
  • Section HA9058CFF38D74A349A1D2C111799E6B6: 101. Federal Deposit Insurance Corporation transparency Section 13(c) of the Federal Deposit Insurance Act (12 U.S.C. 1823) is amended— in paragraph (1)(C), by...
  • Section H395316DCD75C4A5CB6C37BFFC57577F9: 201. Federal Reserve transparency The Federal Reserve Act (12 U.S.C. 221 et seq.) is amended— in section 11— in the first subsection (s) (related to Federal...
  • Section H509F9E6C11914A8BB0DA4FBCDD267AF6: 301. FSOC transparency The Financial Stability Act of 2010 (12 U.S.C. 5311 et seq.) is amended— in section 111— in subsection (b)(1)— in subparagraph (I), by...
  • Section H4B6A427A3BDA4183B0F7F2E7060A8DF4: 401. Establishment of requirements to be Vice Chairman for Supervision The second undesignated paragraph of section 10 of the Federal Reserve Act (12 U.S.C....

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Federal financial laws to increase financial regulatory accountability and transparency, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Labor

Primary Purpose

This bill, To amend the Federal financial laws to increase financial regulatory accountability and transparency, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Labor

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
financial institutions, investors, and borrowers: , ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: rh
federal implementing agencies: , ,
financial institutions, investors, and borrowers: , ,

Legislative Progress

Introduced
Introduced Committee Passed
May 22, 2023

Mr. Barr (for himself, Mr. Loudermilk, Mr. Fitzgerald, Ms. De …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Government Operations Labor
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_treasury"
→ Secretary of the Treasury

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology