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Increased Transparency for Bank Stress Tests and Ban on Climate Scenarios.

This law requires the Federal Reserve to disclose the exact methods and formulas used to test the stability of large banks, increasing predictability in the financial system. This indirectly helps protect citizens' savings by ensuring banks are prepared for crises. Crucially, the law explicitly prohibits the Fed from using this authority to conduct climate-related stress tests on financial institutions.
Key points
The Federal Reserve must publish the precise models and mathematical rules used to determine how much capital large banks must hold.
Crisis scenarios used in bank stability tests must be publicly disclosed at least 60 days before the test is conducted.
The law explicitly bans the use of this authority for conducting financial stability tests related to climate change risks.
article Official text account_balance Process page
Placed on Calendar
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Additional Information
Print number: 119_HR_5270
Sponsor: Rep. Huizenga, Bill [R-MI-4]
Process start date: 2025-09-10
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Stress Testing Accountability and Transparency Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5270.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-09-10.

What are the main provisions?

Key points include:

  • The Federal Reserve must publish the precise models and mathematical rules used to determine how much capital large banks must hold.
  • Crisis scenarios used in bank stability tests must be publicly disclosed at least 60 days before the test is conducted.
  • The law explicitly bans the use of this authority for conducting financial stability tests related to climate change risks.
What is the specific legal status?

The current status is Placed on Calendar.

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 Rep. Huizenga, Bill [R-MI-4].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 318.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy