GSIB Act of 2026

House Bill

H.R. 7513

119th Congress

GSIB Act of 2026

In Committee

Introduced:Feb 11, 2026

Primary Sponsor

Sponsor information unavailable

Cosponsors

0

Quick Stats

Summary

The GSIB Act of 2026 is a bill that has been introduced in the House of Representatives and referred to the Financial Services Committee. Based on the acronym GSIB, which typically stands for 'Global Systemically Important Bank,' this bill likely addresses regulations or policies related to the largest banks that are considered critical to the financial system.

Latest Action

Referred to the House Committee on Financial Services.

Introduced2/11/2026

StatusReferred to the House Committee on Financial Services.

ChamberHouse

Data from Congress.gov

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Vote Prediction

GSIB Act of 2026

The GSIB Act of 2026 is a bill that has been introduced in the House of Representatives and referred to the Financial Services Committee. Based on the acronym GSIB, which typically stands for 'Global Systemically Important Bank,' this bill likely addresses reg

Community Breakdown

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The GSIB Act of 2026 is a bill that has been introduced in the House of Representatives and referred to the Financial Services Committee. Based on the acronym GSIB, which typically stands for 'Global Systemically Important Bank,' this bill likely addresses regulations or policies related to the largest banks that are considered critical to the financial system.

Bill Number: 7513
Introduced: 2/11/2026
Status: Referred to the House Committee on Financial Services.

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: GSIB Act of 2026
Bill Number: 7513
Sponsor: No sponsor
Status: Referred to the House Committee on Financial Services.
Introduced: 2/11/2026
Summary: The GSIB Act of 2026 is a bill that has been introduced in the House of Representatives and referred to the Financial Services Committee. Based on the acronym GSIB, which typically stands for 'Global Systemically Important Bank,' this bill likely addresses regulations or policies related to the larg

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

The GSIB Act of 2026 is a bill that has been introduced in the House of Representatives and referred to the Financial Services Committee. Based on the acronym GSIB, which typically stands for 'Global Systemically Important Bank,' this bill likely addresses regulations or policies related to the largest banks that are considered critical to the financial system.

Last updated: 3/1/2026

Key Points

Main provisions of the bill

The bill has been referred to the House Committee on Financial Services for review and consideration.
GSIB commonly refers to Global Systemically Important Banks, which are the largest financial institutions whose failure could threaten the entire financial system.
The bill was introduced in the 119th Congress in 2026.
Without the full text available, the specific provisions and requirements of the bill cannot be determined.

How This Impacts Americans

Potential effects on citizens and communities

This bill would likely affect the largest banks in the United States that are designated as globally systemically important, along with their customers and shareholders. It may also impact financial regulators who oversee these institutions and the broader financial system. The specific nature of the impact depends on whether the bill increases, decreases, or modifies existing regulations for these major banks.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

7513, 119th Congress (2026). "GSIB Act of 2026". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-7513

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