HR 3948 · 117th Congress · Finance and Financial Sector

GSIB Act of 2021

Introduced 2021-06-16· Sponsored by Rep. Pressley, Ayanna [D-MA-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 22.(2021-06-23)

Plain Language Summary

[AI summary unavailable — showing source text] Greater Supervision In Banking Act of 2021 or the GSIB Act of 2021 This bill requires certain large bank holding companies (also known as global systemically important banks) to annually report on, among other things, their size and complexity, enforcement and regulatory actions taken against them, capital market activity, employee compensation, employee diversity, and environmental impacts.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3948, Greater Supervision In Banking Act of 2021

Jul 30, 2021

As ordered reported by the House Committee on Financial Services on June 23, 2021

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office