FIRM Act

Summary

Financial Integrity and Regulation Management Act or the FIRM Act This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution.  Agencies must report on the implementation of this bill. 

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 8 April 2025

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 8 April 2025

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 April 2025

   Introduced

   Introduced in House

   Source: IntroReferral

4. 21 May 2025

   Vote

   Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 19.

   Source: Committee

5. 21 May 2025

   Committee

   Committee Consideration and Mark-up Session Held

   Source: Committee

6. 20 June 2025

   Calendars

   Placed on the Union Calendar, Calendar No. 131.

   Source: Calendars

7. 20 June 2025

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.

   Source: Committee

8. 20 June 2025

   Reported

   Reported (Amended) by the Committee on Financial Services. H. Rept. 119-164.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Reported in House

  Reported in House · EN · 20 June 2025

  ViewDownloadOpen at official source

• Introduced in House

  Introduced in House · EN · 8 April 2025

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 8 April 2025

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Barr, Andy [R-KY-6] · R · Sponsor
• Rep. Torres, Ritchie [D-NY-15] · D · Sponsor
• Lisa McClain · R · Sponsor
• Rep. Lucas, Frank D. [R-OK-3] · R · Sponsor
• Rep. Loudermilk, Barry [R-GA-11] · R · Sponsor
• Rep. Rose, John W. [R-TN-6] · R · Sponsor
• Rep. Wagner, Ann [R-MO-2] · R · Sponsor
• Rep. Stutzman, Marlin A. [R-IN-3] · R · Sponsor
• Rep. Timmons, William R. [R-SC-4] · R · Sponsor
• Rep. Fitzgerald, Scott [R-WI-5] · R · Sponsor
• Rep. Moore, Tim [R-NC-14] · R · Sponsor
• Rep. Messmer, Mark B. [R-IN-8] · R · Sponsor
• Rep. Ogles, Andrew [R-TN-5] · R · Sponsor
• Rep. Downing, Troy [R-MT-2] · R · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. LaMalfa, Doug [R-CA-1] · R · Sponsor
• Rep. Grothman, Glenn [R-WI-6] · R · Sponsor
• Rep. Williams, Roger [R-TX-25] · R · Cosponsor
• Rep. Schmidt, Derek [R-KS-2] · R · Cosponsor
• Rep. Garbarino, Andrew R. [R-NY-2] · R · Cosponsor
• · hsba00 · Standing

Related records

• related to → FIRM Act
• related to ← Main Street Capital Access Act