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HR 8740 116th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Federal Housing Finance Agency

Strengthening Cybersecurity for the Financial Sector Act of 2020

Introduced: November 12, 2020 Introduced by: Foster, Bill Democratic · Illinois See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 12, 2020
Referred to the House Committee on Financial Services.
Nov 12, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Strengthening Cybersecurity for the Financial Sector Act of 2020

This bill requires a Federal Home Loan Bank or government-sponsored enterprise to notify the Federal Housing Finance Agency of any services performed off its premises. The performance of these services is subject to regulation and examination. The bill also applies to credit unions existing limitations regarding investments by depository institutions in a bank service company.

What's happening now November 12, 2020

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 8740: Strengthening Cybersecurity for the Financial Sector Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-HR-8740/
MLA
"H.R. 8740: Strengthening Cybersecurity for the Financial Sector Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-8740/.
Bluebook (legal)
H.R. 8740, 116th Cong. (2026), https://openamerica.io/bill/116-HR-8740/.
Markdown link
[H.R. 8740: Strengthening Cybersecurity for the Financial Sector Act of 2020](https://openamerica.io/bill/116-HR-8740/)
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