H.R. 7887
Incentivizing Safe and Sound Banking Act
Referred to the House Committee on Financial Services.
Sponsor
Rep. Waters, Maxine [D-CA-43]
Bill Details
- Update Date
- Apr 6, 2026
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 7,887
- Congress
- 119
- Introduced Date
- Mar 9, 2026
- Policy Area
- Finance and Financial Sector
- Is Law
- No
Referred to the House Committee on Financial Services.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
Incentivizing Safe and Sound Banking Act
This bill allows the Federal Deposit Insurance Corporation to, during cease-and-desist proceedings for unsafe or unsound practices in an institution, prohibit the sale of stock in a bank or holding company by an officer or director of the bank or any bank-affiliated party who received stock as compensation. Further, the bill automatically prohibits the sale of such stocks by senior executive officers at large banks if the bank receives a certain risk management rating or if the bank is under an unresolved supervisory notice issued by a banking regulator.
Financial Services Committee
Introduced in House
Mar 9, 2026