Transparency in Banking Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 940 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 940 To require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 11 (legislative day, March 10), 2025 Mr. Kennedy introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To require certain entities to submit to Congress information on the Basel Committee on Bank Supervision, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Transparency in Banking Act''. SEC. 2. BASEL COMMITTEE ON BANK SUPERVISION. (a) In General.--The Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the Office of the Comptroller of the Currency, and the Federal …