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S. 875119th CongressFinance and Financial Sector
FIRM Act
Sponsored by Sen. Tim Scott (R-SC) · 12 active : 12 Republicans
Latest action: Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
Where it standsBefore the Senate8 senators score as swing votes
Hasn’t passed either chamber
- Senate: next
- House: not yet
- President: not yet
Summary
, via Congress.govFinancial Integrity and Regulation Management Act or the FIRM Act
This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines
reputational risk
as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution.
Agencies must report on the implementation of this bill.
Committees and subjects
Committees
- Senate Committee on Banking, Housing, and Urban Affairs · SenateReported by · Markup by · Referred to
Subjects
- Banking and financial institutions regulation
- Congressional oversight
- Financial services and investments
- Government information and archives
- Government studies and investigations
How the Senate breaks down
- 8Swing 70–100
- 54Middle 30–70
- 38Entrenched 0–30
Members fall into . All 100 senators have enough data to score.
Key players in the Senate
Ranked by swing score, 0–100 · swing-v2, directional: only movement toward the other party counts, so members who sit further from the center than their party no longer score as swing votes.
Bars show each input from 0 to 100: ideology gap, scorecard gap, . is the seat’s partisan lean, and shows how much of the input data a score has.
Similar past votes, Senate
Earlier behind swing-v3’s inputLoading similar votes
Cosponsors
12 activeShow all 12 cosponsors
- Bernie Moreno (R-OH)
- Bill Hagerty (R-TN)
- Cynthia M. Lummis (R-WY)
- David McCormick (R-PA)
- Jim Banks (R-IN)
- John Kennedy (R-LA)
- Katie Boyd Britt (R-AL)
- Kevin Cramer (R-ND)
- Mike Crapo (R-ID)
- Mike Rounds (R-SD)
- Pete Ricketts (R-NE)
- Thomas Tillis (R-NC)
How the swing score works
Ideology gapHow far a member’s DW-NOMINATE voting score sits from their party’s median in the same chamber.
Scorecard gapHow far their Heritage Action and LCV ratings stray from their party’s average, using the groups’ votes on similar bills where available.
Cross-pressureHow strongly their district or state leans toward the other party, from our own computed partisan lean.
Similar votesHow often they voted against their own party on earlier roll calls about this bill or similar ones.
Committee bonusMembers of the committees handling the bill decide whether it moves, so they get a boost.
Cosponsor checkThe sponsor and active cosponsors have already committed, so they drop toward entrenched.
