S2655-118

Introduced

To require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes.

118th Congress Introduced Jul 27, 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 require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Transportation.

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 id03b8751a9b2a457690567f5cc958f4a1: 1. Short title This Act may be cited as the Transparency in Banking Act.
  • Section S1: 2. Basel Committee on Bank Supervision The Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the Office of the...

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 require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Transportation

Primary Purpose

This bill, To require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Transportation

Whole bill

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

Legislative Progress

Introduced
Introduced Committee Passed
Jul 27, 2023

Mr. Kennedy introduced the following bill; which was read twice …

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 Transportation
Actor Mappings
"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