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FIRM Act

H.R. 2702 Rep. Andy Barr (R-KY-6) In committee
Bill text PDF
  1. Introduced Apr 8
  2. Committee Apr 8
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Apr 8, 2025Next: House vote
495d ago Jun 20, 2025: Placed on the Union Calendar, Calendar No. 131.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
3companies, 9 filings
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Member trades
9trades in the last 90 days
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Companies lobbying on this bill

3 companies
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Financials 3
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Summary

Financial Integrity and Regulation Management Act or the FIRM Act

Full summary2 paragraphs

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.

Library of Congress summary, Apr 8, 2025

Summary versions
  • Introduced in HouseApr 8, 2025

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.