GSIB Act of 2026

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7513 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7513 To require the global systemically important bank holding companies to provide annual reports to the Board of Governors of the Federal Reserve System, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 11, 2026 Ms. Pressley (for herself, Mr. Green of Texas, and Ms. Tlaib) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the global systemically important bank holding companies to provide annual reports to the Board of Governors of the Federal Reserve System, 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 ``Greater Supervision In Banking Act of 2026'' or the ``GSIB Act of 2026''. SEC. 2. GSIB ANNUAL REPORTS. The Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) is amended by adding at the end the following: ``SEC. 15. GSIB ANNUAL REPORTS. ``(a) Annual Report.--Each global systemically important bank holding company shall issue an annual report to the Board containing a description of the activities of the company during the previous year and a description of the company's objectives and goals for the following year. ``(b) Specific Contents.--Each report required under subsection (a) shall include a description of-- ``(1) the company's size and complexity, including a listing of all company subsidiaries and their relationship to specified company business lines; ``(2) with respect to each depository institution subsidiary of the company, the number and geographic distribution of the branches of such subsidiary; ``(3) any enforcement actions, including