SB875Introduced in the Senate
FIRM Act Financial Integrity and Regulation Management Act
Introduced by Tim Scott, District SC
What does this bill do?
Plain-English breakdown
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Official description
A bill to curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.
Where it stands
Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
March 18, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, under authority of the order of the Senate of 03/14/2025 with an amendment in the nature of a substitute. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
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