Require large foreign banks to follow the same financial safety rules as large domestic banks.
One policy goal, tracked across every bill that has carried it.
What’s happening with Closing the Enhanced Prudential Standards Loophole Act?
The bill H.R. 7888 remains in the House Committee on Financial Services as of July 8, 2026. Committee members must hold a vote to advance the proposal, but most bills fail to receive such a vote and expire in committee. This effort has seen no recorded action since March 8, 2026.
Updated July 9, 2026 · Generated by AI. Always verify with official sources.
Where it stands
Now carried by Closing the Enhanced Prudential Standards Loophole Act (H.R. 7888 (119th)) →
Legislative Progress
Next up: A house committee · Nothing moves until they act.
How we got here
Every bill that has carried this goal, oldest first.
Died with Congress · Jan 3, 2025
Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.
Reintroduced · Jan 3, 2025
Reintroduced from H.R. 4210 (118th), which died when its Congress ended.
H.R. 4210 (118th) →
Vehicles
Who’s behind it
Maxine Waters (D-CA)Wrote and sponsored the current bill.