Ensuring U.S. Authority over U.S. Banking Regulations Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3355 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3355 To provide for additional requirements when Federal banking agencies undertake rulemakings that implement policies of non-governmental international organizations, to require Federal banking agencies to report on certain covered international organizations, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 13, 2025 Mr. Loudermilk introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To provide for additional requirements when Federal banking agencies undertake rulemakings that implement policies of non-governmental international organizations, to require Federal banking agencies to report on certain covered international organizations, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Ensuring U.S. Authority over U.S. Banking Regulations Act''. SEC. 2. REQUIREMENTS IN CONNECTION WITH RULEMAKINGS IMPLEMENTING POLICIES OF NON-GOVERNMENTAL INTERNATIONAL ORGANIZATIONS. (a) Board of Governors of the Federal Reserve System.--Section 10 of the Federal Reserve Act (12 U.S.C. 247b) is amended by inserting before paragraph (12) the following: ``(11) Requirements in connection with rulemakings implementing policies of non-governmental international organizations.-- ``(A) In general.--The Board of Governors of the Federal Reserve System may not propose or finalize a major covered rule unless, not later than 120 days before issuing such a proposed or final rule, the Board of Governors provides the Committee on Financial Services of the House of Representatives and the Committee on Banking