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Financial Regulator Transparency: Reporting on International Organization Interactions.

This Act mandates major U.S. financial agencies, including the Federal Reserve and FDIC, to fully document and report their interactions with non-governmental international organizations. The goal is to increase Congressional oversight regarding how global recommendations influence domestic rules on banking, lending, and market operations. While it doesn't change your personal finances directly, it ensures greater accountability in the financial regulatory system.
Key points
Federal financial agencies must keep complete records of all meetings and recommendations from international regulatory groups.
Agencies must submit annual reports to Congress detailing these interactions and the funding sources of the international organizations involved.
The measure aims to enhance transparency and accountability in setting U.S. financial policy.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_S_3446
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2023-12-07
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Banking Regulator International Reporting Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3446.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-12-07.

What are the main provisions?

Key points include:

  • Federal financial agencies must keep complete records of all meetings and recommendations from international regulatory groups.
  • Agencies must submit annual reports to Congress detailing these interactions and the funding sources of the international organizations involved.
  • The measure aims to enhance transparency and accountability in setting U.S. financial policy.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Braun, Mike [R-IN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy