Bill Detail
H.R. 2702
Congress: 119
Title
FIRM Act
Summary
Financial Integrity and Regulation Management Act or the FIRM Act This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution. Agencies must report on the implementation of this bill.
Sponsor
Rep. Andy Barr [R-KY-6]
Status
Placed on the Union Calendar, Calendar No. 131.
Status as of Jul 24, 12:14 AM · synced 21d ago
Introduced
2025-04-08
Data source mode: cache
Bill Engagement
Financial Integrity and Regulation Management Act or the FIRM Act This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examini…
Lobbyists on the case
- American Bankers Association5 filings · 26 lobs
- Rodrigo Alba2026 Q1
- William Boger2026 Q1
Prepared intelligence brief
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