H.R. 2989 · 117th Congress
Financial Transparency Act of 2021
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1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced May 4, 2021
- House Passed Oct 25, 2021 400–19
This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency.
What it does: CRS summary · Passed House · Oct 25, 2021
Financial Transparency Act of 2021
This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency.
The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Financial Transparency Act of 2021
Latest action (Oct 26, 2021): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: May 4, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced May 4, 2021
- House Passed Oct 25, 2021 400–19
Final vote · House · Oct 25, 2021
Passage (two-thirds required) — Passed. Vote details
Speaker of the House: Nancy Pelosi