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Improves Technology for Banking Oversight
Recent Bills/Improves Technology for Banking Oversight

Improves Technology for Banking Oversight

IntroducedApril 14, 2026
In House1 month ago
Intro
House
Senate
Pres
Awaiting House vote
Finance and Financial SectorComputers and information technologyIntergovernmental relationsComputer security and identity theftPublic contracts and procurementTechnology assessmentTechnology transfer and commercialization
Why This Matters

This bill requires certain banking regulators to assess their technology and procurement practices to improve oversight of financial institutions.

If you use banking services, this bill aims to improve oversight and safety by updating technology used by regulators within 180 days.
Who this affects
banking regulators · financial institutions · consumers
What changes is this bill making?
  1. 1This bill requires banking regulators to evaluate their technology within 180 days of enactment.
  2. 2Agencies must identify outdated systems that hinder real-time monitoring of financial institutions.
  3. 3The bill mandates a review of procurement practices to streamline the acquisition of new technology.
  4. 4Agencies will report their findings and recommendations every five years to ensure ongoing improvements.
  5. 5The legislation aims to enhance consumer protection and compliance with financial regulations.
Read full document
Bill Progress2 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedApr 14
Sponsors
See all 2 sponsors
HouseCurrent

Awaiting House vote

Senate
President

The President

Donald Trump
President
Awaiting Vote
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