HR 8278 119th Congress

Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act

Latest Action

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Congress.gov

Sponsors

Rep. Stutzman, Marlin A. [R-IN-3]

Rep. Stutzman, Marlin A. [R-IN-3]

R — IN

Summary

Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act This bill requires specified federal financial agencies to assess their technological capabilities and procurement practices. Specifically, agencies (the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Department of the Treasury, the Office of the Comptroller of the Currency, the Financial Crimes Enforcement Network, the Federal Housing Finance Agency, and the National Credit Union Administration) must assess the technology used by the agency and its capabilities to conduct real-time supervisory assessments of entities over which the agency has supervisory authority. Additionally, the agencies must assess the applicable procurement rules and protocols when acquiring or developing new technological systems and identify any opportunities to streamline these procedures. Every five years, these agencies must report to specified congressional committees. Among other topics, the report must contain an overview of the technology used in supervisory assessments and any anticipated upgrades, a description of procurement practices, an overview of the agency’s technology development workforce, and details regarding data sharing procedures.

Vote Result

Passed House

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)

Actions

2026-09-16T00:00:00

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-09-15T00:00:00

Motion to reconsider laid on the table Agreed to without objection.

2026-09-15T00:00:00

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)

2026-09-15T00:00:00

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)

2026-09-15T00:00:00

Considered as unfinished business. (consideration: CR H5822-5823)

2026-09-14T00:00:00

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

2026-09-14T00:00:00

DEBATE - The House proceeded with forty minutes of debate on H.R. 8278.

2026-09-14T00:00:00

Considered under suspension of the rules. (consideration: CR H5605-5608)

2026-09-14T00:00:00

Ms. De La Cruz moved to suspend the rules and pass the bill, as amended.

2026-06-24T00:00:00

Placed on the Union Calendar, Calendar No. 617.

2026-06-24T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-711.

2026-06-24T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-711.

2026-05-13T00:00:00

Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.

2026-05-13T00:00:00

Committee Consideration and Mark-up Session Held

2026-04-14T00:00:00

Referred to the House Committee on Financial Services.

2026-04-14T00:00:00

Introduced in House

2026-04-14T00:00:00

Introduced in House

Policy Areas

Finance and Financial Sector

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