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United States · Bill · S

S. 875 (119th)

FIRM Act

openUnited States· United States Congress· EN

Introduced

6 March 2025

Last action

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.

Sponsors

Subjects

Discovery layer

Source updated

12 March 2026

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. 

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Documents

3 official files

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Sources

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