H.R. 3716: Systemic Risk Authority Transparency Act
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-06-04 |
| Sponsor | Rep. Green, Al [D-TX-9] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 0 |
| Latest action | 2025-12-02 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-17 |
Summary
Official summary (Reported to House, 2025-07-15):
Systemic Risk Authority Transparency Act
This bill requires banking regulators to submit a report to Congress in the event of the failure of an insured depository institution that leads to a systemic risk determination by the Department of the Treasury.
Regulators must report supervisory information relating to the institution, any mismanagement by the executives and the board, any shortcomings by the regulator, and recommendations to improve the safety and soundness of similarly situated institutions. This report must be made no later than 90 days after such a determination and again 210 days afterwards.
The Governmental Accountability Office (GAO) must report on additional factors in its report regarding such a determination. Specifically, GAO must report on any mismanagement by the executives and board of the institution, a review of the institution's compensation practices, supervisory or regulatory shortcomings, actions taken by regulators, and other relevant information. The bill also requires this report to be made no later than 60 days after such a determination and again 180 days afterwards.
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 3716 are published by Congress on congress.gov.
View H.R. 3716 on congress.gov →
Frequently asked questions
What is H.R. 3716?
H.R. 3716 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: Systemic Risk Authority Transparency Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 3716 are available on congress.gov.
Bill data: congress.gov API (official congressional records).