Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
Where it stands
- Introduced4/14/26
- Passed HousePassed 9/15/26
- Senate
- President
- Law
Passed the House 417–7 on September 15, 2026 (Roll Call 302 →). Received in the Senate on September 16, 2026. No Senate action since.
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Roll calls on this bill
- Democratic213 Yea · 0 Nay · 1 Not voting
- Republican203 Yea · 7 Nay · 8 Not voting
- Independent / Other1 Yea · 0 Nay · 0 Not voting
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.
1
4/14/26
What happens next
The Senate must pass the same text, then it goes to the President.
If it isn't enacted by Jan 3, 2027, it expires when the 119th Congress ends.
All actions (15)
- 4/14/26Introduced in House
- 4/14/26Referred to the House Committee on Financial Services.
- 5/13/26Committee Consideration and Mark-up Session Held
- 5/13/26Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.
- 6/24/26Reported (Amended) by the Committee on Financial Services. H. Rept. 119-711.
- 6/24/26Placed on the Union Calendar, Calendar No. 617.
- 9/14/26Ms. De La Cruz moved to suspend the rules and pass the bill, as amended.
- 9/14/26Considered under suspension of the rules. (consideration: CR H5605-5608)
- 9/14/26DEBATE - The House proceeded with forty minutes of debate on H.R. 8278.
- 9/14/26At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- 9/15/26Considered as unfinished business. (consideration: CR H5822-5823)
- 9/15/26Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
- 9/15/26On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 7 (Roll no. 302). (text: CR H5605)
- 9/15/26Motion to reconsider laid on the table Agreed to without objection.
- 9/16/26Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.