Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
Official title: To require certain supervisory agencies to assess their technological capabilities, and for other purposes.
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| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Sep 15, 2026 | House · vote #302 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 417–7 | See who voted → |
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
This bill requires specified federal financial agencies to assess their technological capabilities and procurement practices.
Specifically, agencies (the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Department of the Treasury, the Office of the Comptroller of the Currency, the Financial Crimes Enforcement Network, the Federal Housing Finance Agency, and the National Credit Union Administration) must assess the technology used by the agency and its capabilities to conduct real-time supervisory assessments of entities over which the agency has supervisory authority.
Additionally, the agencies must assess the applicable procurement rules and protocols when acquiring or developing new technological systems and identify any opportunities to streamline these procedures.
Every five years, these agencies must report to specified congressional committees. Among other topics, the report must contain an overview of the technology used in supervisory assessments and any anticipated upgrades, a description of procurement practices, an overview of the agency’s technology development workforce, and details regarding data sharing procedures.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Referred in Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
- JPMORGAN CHASE HOLDINGS LLC
- NATIONAL MULTIFAMILY HOUSING COUNCIL, INC.
- AMERICAN BANKERS ASSOCIATION
- AMERICAN FINTECH COUNCIL
- NATIONAL MULTIFAMILY HOUSING COUNCIL, INC.
- JPMORGAN CHASE HOLDINGS LLC
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Treasury, Dept of
- Executive Office of the President (EOP)
- Federal Deposit Insurance Corporation (FDIC)
- Energy, Dept of
- Federal Reserve System
- White House Office
Cite this page
U.S. Congress. (2026). H.R. 8278: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-8278/
"H.R. 8278: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-8278/.
H.R. 8278, 119th Cong. (2026), https://openamerica.io/bill/119-HR-8278/.
[H.R. 8278: Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act](https://openamerica.io/bill/119-HR-8278/)