BillsHH.R. 2702
FIRM Act
Stage
In committee
Latest action
Placed on the Union Calendar, Calendar No. 131.
June 20, 2025
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
Committees
- PrimaryFinancial Services Committee
CRS subjects
Banking and financial institutions regulationCongressional oversightFinancial services and investments
Action history
- April 8, 2025Introduced in House
- April 8, 2025Introduced in House
- April 8, 2025Referred to the House Committee on Financial Services.
- May 21, 2025Committee Consideration and Mark-up Session Held
- May 21, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.
- June 20, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.
- June 20, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.
- June 20, 2025Placed on the Union Calendar, Calendar No. 131.
Cosponsors (18)
- Rep. Downing, Troy [R-MT-2]MT-02
- Rep. Fitzgerald, Scott [R-WI-5]WI-05
- Rep. Grothman, Glenn [R-WI-6]WI-06
- Rep. LaMalfa, Doug [R-CA-1]CA-01
- Rep. Loudermilk, Barry [R-GA-11]GA-11
- Rep. Lucas, Frank D. [R-OK-3]OK-03
- Rep. McClain, Lisa C. [R-MI-9]MI-09
- Rep. Messmer, Mark [R-IN-8]IN-08
- Rep. Moore, Tim [R-NC-14]NC-14
- Rep. Ogles, Andrew [R-TN-5]TN-05
- Rep. Sessions, Pete [R-TX-17]TX-17
- Rep. Stutzman, Marlin A. [R-IN-3]IN-03
- Rep. Timmons, William R. [R-SC-4]SC-04
- Rep. Torres, Ritchie [D-NY-15]NY-15
- Rep. Wagner, Ann [R-MO-2]MO-02
- Rep. Schmidt, Derek [R-KS-2]KS-02
- Rep. Williams, Roger [R-TX-25]TX-25
- Rep. Garbarino, Andrew R. [R-NY-2]NY-02
Text versions
- Introduced in HouseApril 8, 2025
- Reported in HouseJune 20, 2025