Congress·In Committee·H.R. 7513

House Bill Would Force Largest U.S. Banks to Disclose CEO Pay, Climate Risk, and AI Use Annually

GSIB Act of 2026

about 1 month ago·View on Congress.gov

Legislative Progress

House

Senate

President

Law

Key Points

This bill requires the world's largest banks to submit a detailed report to the Federal Reserve every year. These reports would be posted on a public website so that anyone can see how these massive financial institutions are operating.
Banks would have to disclose specific details about their internal culture and pay. This includes comparing what the CEO makes to the average worker, listing how many employees were fired for misconduct, and reporting on the diversity of their top leaders.
The reports must also cover environmental and social impacts. Banks would need to explain their plans for climate change, whether they are funding fossil fuels, and if their projects affect low-income communities or indigenous lands.
To help the government track risks, the banks would have to report on their use of artificial intelligence, their cybersecurity protections, and any legal settlements or fines they paid for harming consumers or workers.

Economy FinanceEnergy EnvironmentTechnology DigitalLabor Employment

Impact Analysis

Personal Impact

Who is affectedScoreImpactCertaintyScopeDurationSentiment

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Broader Impacts

DomainScoreShort-termLong-termReversibilityConfidence

Score

Scores: -5 (harmful) to +5 (beneficial)Short-term: 0-2 yearsLong-term: 10-30 years

Milestones

2 milestones2 actions

Feb 11, 2026House

Referred to the House Committee on Financial Services.

Feb 11, 2026

Introduced in House

Related News

3 articles

Westlaw Today·about 1 month ago

PRUDENTIAL REGULATION—GSIB ACT OF 2026 WOULD PROVIDE INVESTOR-FOCUSED BANK DISCLOSURES

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.

Quiver Quantitative·about 1 month ago

Pressley Introduces Legislation for Transparency in Big Bank Reporting to Uphold Investor Interests

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.

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American Banker·about 1 month ago

Banks Caution Against Relaxing Standards for Fed Account Access to Preserve Financial Stability

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.

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