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H.R. 2702In committee
FIRM Act
Introduced: Apr 8, 2025
Latest action date: Jun 20, 2025
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Current stage
In committee
The most advanced recorded stage is committee consideration.
Introduced
Apr 8, 2025
Latest action
Jun 20, 2025
Recorded roll calls
0
Civixly topics
What this legislation is about
Civixly topics make federal and state legislation comparable. They are derived from the official CRS policy area and legislative subjects.
Official CRS policy area
Finance and Financial Sector
View 5 official legislative subjects
Banking and financial institutions regulationCongressional oversightFinancial services and investmentsGovernment information and archivesGovernment studies and investigations
Bill 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 a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution.
Agencies must report on the implementation of this bill.
Committee activity
Committees and subcommittees that received, reviewed, marked up, or reported this legislation.
Official committee record ↗
Amendments
Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
No amendments are listed for this measure.
Checked against Congress.gov Sep 12, 2026.
Action timeline
Newest action first. Action language comes from the official Congress.gov record.
View full action timeline8 actions
Placed on the Union Calendar, Calendar No. 131.
CalendarsHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-164.
CommitteeHouse floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-164.
CommitteeLibrary of CongressOrdered to be Reported (Amended) by the Yeas and Nays: 33 - 19.
CommitteeHouse committee actionsCommittee Consideration and Mark-up Session Held
CommitteeHouse committee actionsReferred to the House Committee on Financial Services.
IntroReferralHouse floor actionsIntroduced in House
IntroReferralLibrary of CongressIntroduced in House
IntroReferralLibrary of Congress
Roll-call votes
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
No connected roll-call votes are currently available for this bill.
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