Smart Cities and Communities Act of 2025

House Bill

H.R. 4649

119th Congress

Smart Cities and Communities Act of 2025

In Committee

Introduced:Jul 23, 2025

Primary Sponsor

Dusty Johnson

Representative

Republican

SD

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill requires certain U.S. banking regulators to provide Congress with additional information and analysis before implementing major rules that align with recommendations from international organizations. It also requires these regulators to report on their activities with and the funding sources of organizations focused on climate-related financial risks.

Latest Action

Referred to the House Committee on Financial Services.

SponsorDusty Johnson (R-SD)

Introduced7/23/2025

StatusReferred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Spac

ChamberHouse

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Vote Prediction

Smart Cities and Communities Act of 2025

This bill requires certain U.S. banking regulators to provide Congress with additional information and analysis before implementing major rules that align with recommendations from international organizations. It also requires these regulators to report on the

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill requires certain U.S. banking regulators to provide Congress with additional information and analysis before implementing major rules that align with recommendations from international organizations. It also requires these regulators to report on their activities with and the funding sources of organizations focused on climate-related financial risks.

Bill Number: 4649
Sponsor: Dusty Johnson (R-SD)
Introduced: 7/23/2025
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Spac
Policy Area: Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Smart Cities and Communities Act of 2025
Bill Number: 4649
Sponsor: Dusty Johnson (R-SD)
Status: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Spac
Introduced: 7/23/2025
Summary: This bill requires certain U.S. banking regulators to provide Congress with additional information and analysis before implementing major rules that align with recommendations from international organizations. It also requires these regulators to report on their activities with and the funding sourc

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill requires certain U.S. banking regulators to provide Congress with additional information and analysis before implementing major rules that align with recommendations from international organizations. It also requires these regulators to report on their activities with and the funding sources of organizations focused on climate-related financial risks.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

Ensuring U.S. Authority over U.S. Banking Regulations ActThis bill requires specified banking regulatory entities to make certain disclosures when engaging with or implementing major rules to conform with recommendations from certain non-governmental international organizations.Specifically, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Housing Finance Agency must submit to Congress notice, testimony, and a detailed economic analysis with respect to the proposed or final rule prior to its issuance.Further, in order to engage with certain international organizations about climate-related financial risks, these entities must report on the entity's activities with the organization and the organization's funding sources.

Key Points

Main provisions of the bill

Requires U.S. banking regulators to submit notice, testimony, and economic analysis to Congress before issuing major rules to conform with international organization recommendations.
Mandates regulators to report on their engagement with international organizations focused on climate-related financial risks, as well as those organizations' funding sources.
Aims to increase transparency and congressional oversight of U.S. banking regulations that may be influenced by non-governmental international entities.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would affect U.S. banking regulators like the Federal Reserve and FDIC, who would face additional reporting requirements when collaborating with international groups on financial regulations. This could slow the implementation of some rules, and provide Congress with more information to scrutinize the regulators' international activities and decision-making processes.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4649, 119th Congress (2025). "Smart Cities and Communities Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4649

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