House Bill Would Force Largest U.S. Banks to Disclose CEO Pay, Climate Risk, and AI Use Annually
This bill is currently in the House Committee on Financial Services. No action has been taken on the proposal since February 2026. Because it has not moved in four months, the bill is considered stalled.
This bill’s path across every version that has carried it.
Reintroduced
Reintroduced from H.R. 9848 (118th), which died when its Congress ended.
H.R. 9848 (118th) →Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
This bill targets only the largest global systemically important banks (GSIBs), not small businesses directly. However, if these big banks face higher compliance costs, that could indirectly affect lending terms or services available to small business owners who bank with them. The effect is uncertain and likely minimal.
Referred to the House Committee on Financial Services.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
The Greater Supervision in Banking Act of 2026, co-sponsored by Reps. Al Green and Rashida Tlaib, is an investor-oriented transparency initiative. It mandates that the world's largest bank holding companies disclose climate-related costs, executive pay practices, and workforce diversity data.
Congresswoman Ayanna Pressley announced the GSIB Act to promote accountability in the banking sector. The bill requires major financial institutions to report on internal culture, environmental impacts, and the diversity of their top leadership to empower investors with essential data.
While regulators finalize capital rules, new legislative proposals like the GSIB Act of 2026 seek to expand public disclosure requirements for the largest banks. Industry groups like the Bank Policy Institute argue such mandates could expose proprietary information to competitors.
No votes or related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
GSIB Act of 2026
Analysis generated by AI. Always verify with official sources.