Congress·Reported·H.R. 6550

Bank Regulators: Annual Reports on Work With Global Financial Groups

American FIRST Act of 2025

Legislative Progress

House

Senate

President

Law

Requires the Federal Reserve, the Comptroller of the Currency, and the FDIC to file yearly reports to Congress about their work with certain global financial groups.
The reports must name which global groups they joined, what those groups do, who belongs to them, and who funds them.
Regulators must explain what positions they took in these global meetings, what came out of the meetings, and share the text (or public links) of final standards these groups adopted.
If global standards could lead to changes in U.S. banking rules or supervision, the agencies must explain what changes they expect and why the benefits outweigh the costs.
Adds a requirement for regular congressional testimony that also covers these global financial interactions, giving lawmakers more chances to question regulators.

EconomyConsumer ProtectionForeign Policy

3 milestones7 actions

Feb 25, 2026House

Placed on the Union Calendar, Calendar No. 454.

Feb 25, 2026House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-529.

Dec 17, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.

Dec 17, 2025House

Committee Consideration and Mark-up Session Held

Dec 16, 2025House

Committee Consideration and Mark-up Session Held

1 bill

Main Street Capital Access Act

Mar 4 — Ordered to be Reported by the Yeas and Nays: 26 - 16.

Document Type

Congressional Bill

Official Title

American FIRST Act of 2025

Bill NumberHR 6550

Congress119th Congress

ChamberHouse of Representatives

Latest ActionPlaced on the Union Calendar, Calendar No. 454.

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R: 6

Congress.gov

Official legislative information

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