Strengthening Cybersecurity for the Financial Sector Act of 2024
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 18, 2024)
Strengthening Cybersecurity for the Financial Sector Act of 2024
This bill provides for the regulation and supervision of certain financial organizations and service providers.
The bill subjects credit union organizations to the same regulation and examination by the Board of Directors of the National Credit Union Administration as insured credit unions. In addition, if a credit union that is subject to examination by the board delegates or contracts for the performance of certain activities and services, this must be disclosed to the board and is subject to regulation and examination by the board.
Further, if the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, any Federal Home Loan Bank, or the Office of Finance of the Federal Home Loan Bank System delegates or contracts for the performance of certain activities and services, this must be disclosed and is subject to regulation and examination by the Federal Housing Finance Agency.
What just happenedJan 18, 2024
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJan 18, 2024
- Jan 18, 2024IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jan 18, 2024IntroReferralIntro-H
Introduced in House
- Jan 18, 2024IntroReferral1000
Introduced in House