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119th Congress

H.R. 8278

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

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor
Marlin A. Stutzman(R-IN)
Introduced
Apr 14, 2026
Policy area
Finance and Financial Sector
Committees
House Committee on Financial Services; Senate Committee on Banking, Housing, and Urban Affairs
Official text
Referred in Senate · Congress.gov page

Cosponsors (1)

Original cosponsors (1)

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

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.

Roll-call votes

DateVoteResultYour members
Sep 15, 2026
House #302
On Motion to Suspend the Rules and Pass, as Amended: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision ActPassedSet your home to see

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