Want the short version? Ask what this bill does
This is not an official government website.
Copyright © 2026 PLEJ LC. All rights reserved.
Amends federal financial statutes to remove a paragraph from 31 U.S.C. 313(e), insert unspecified text into three places in that subsection, restrict subpoena authority of the Office of Financial Research (OFR), and add a new confidentiality provision for financial regulators in the Financial Stability Act of 2010 and the Dodd‑Frank table of contents. The provided text identifies where changes are made but does not include the actual insertion language or an effective date.
Because the bill deletes and revises portions of existing law and adds confidentiality and subpoena limits, it narrows or changes regulators' information‑gathering and sharing powers. The practical effects depend on the missing inserted language and how agencies implement the confidentiality and subpoena limits.
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced May 15, 2025 by Scott Fitzgerald · Last progress May 15, 2025