HR 4642 · 118th Congress · Finance and Financial Sector

International Regulatory Transparency and Accountability Act

Introduced 2023-07-14· Sponsored by Rep. Flood, Mike [R-NE-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-07-14)

Plain Language Summary

[AI summary unavailable — showing source text] International Regulatory Transparency and Accountability Act This bill requires financial regulators to make certain disclosures related to international meetings, negotiations, and agreements. Specifically, financial regulators must notify Congress and the public of the details of an international negotiation prior to entering into the negotiation. Financial regulators also must (1) report to Congress the rationale, objectives, and the potential impacts of positions taken on matters before international regulatory bodies; and (2) publish summaries of meetings with international financial organizations. Finally, international agreements with an international financial organization require a public comment period.…

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