Annual Reporting on Banking Interactions

Official: American FIRST Act of 2025

IntroducedDecember 10, 2025

Finance and Financial SectorCongressional oversightGovernment information and archivesGovernment studies and investigationsBanking and financial institutions regulationCorporate finance and managementBusiness recordsForeign and international banking

Why This Matters

This bill makes the Federal Reserve report every year on its interactions with global financial groups. It aims to ensure transparency about how U.S. banking agencies operate on an international level.

If you work in banking or finance, this bill could change how your agency reports its global activities.

Affects: This bill affects U.S. banking officials and policymakers who engage with global financial organizations.

What changes is this bill making?

1. This bill requires annual reports from the Federal Reserve on its global interactions. 2. The reports must list all global financial forums the Federal Reserve is part of. 3. Each report will describe the purposes and funding sources of these global forums. 4. The Federal Reserve must detail the issues discussed at these forums. 5. The bill aims to improve transparency in how U.S. banking agencies interact globally.

Who is affected?

This bill affects U.S. banking officials and policymakers who engage with global financial organizations.

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