GSIB Act of 2026

This bill would require each global systemically important bank holding company (the largest U.S. banking groups) to file an annual report with the Federal Reserve Board. The report would describe the company's past-year activities and next-year goals, and include details such as subsidiaries, branch locations, enforcement actions, employee pay by decile, executive pay compared to median pay, use of forced arbitration, board diversity, cybersecurity, whistleblower complaints, trading activities, climate-related financing, artificial intelligence use, and recent mergers. The report would also compare how many of these items have changed over the last 10 years. The Federal Reserve Board would have to make the reports public, including on its website.

Full text and official record on Congress.gov

Sponsors

• Ayanna Pressley Democrat sponsor
• 2 cosponsors