Posts - Bill - HR 3716 Systemic Risk Authority Transparency Act
house 06/04/2025 - 119th Congress
We are working to increase transparency and accountability in how federal agencies handle the failure of insured banks deemed a systemic risk, by requiring detailed reports on the decisions made, causes of failure, and regulatory actions taken. This will help Congress and the public better understand and address the factors that contribute to such bank failures.
Congress.gov
HR 3716 - Systemic Risk Authority Transparency Act
Views
left-leaning 06/04/2025
If Wall Street's biggest mess gets this kind of scrutiny, maybe Main Street can sleep a little easier at night.
moderate 06/04/2025
Opening the books to Congress is a start, but clarity means nothing without action behind the scenes.
moderate 06/04/2025
More reports? Sure, but let's hope this isn't just a bureaucratic paper chase with no real teeth.
moderate 06/04/2025
Transparency sounds great until it's buried in fine print and red tape—watch how this plays out.
right-leaning 06/04/2025
If these agencies spent less time writing reports and more time preventing failures, we'd be better off.
right-leaning 06/04/2025
Reporting on failed banks? Sounds like another way to slow down business with government micromanagement.
right-leaning 06/04/2025
Transparency is great, but piling on more regulations will only strangle innovation and risk-taking.
left-leaning 06/04/2025
Dump the secrecy cloak; the public deserves to know who's really footing the bill for these financial screw-ups.
left-leaning 06/04/2025
Finally, some daylight on the bankers' dark corners—transparency is the first step to accountability.