119-hr5270

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5270 Reported in House

    (RH) ]

<DOC>

 Union Calendar No. 318
119th CONGRESS
 1st Session
 H. R. 5270

 [Report No. 119-366]

 To require the Board of Governors of the Federal Reserve System to 
 issue rules to establish certain methodologies and scenarios used in 
 stress testing, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 September 10, 2025

Mr. Huizenga (for himself and Mr. Barr) introduced the following bill; 
 which was referred to the Committee on Financial Services

 November 4, 2025

 Additional sponsor: Mr. Sessions

 November 4, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
 in italic]
 [For text of introduced bill, see copy of bill as introduced on 
 September 10, 2025]

_______________________________________________________________________

 A BILL

 To require the Board of Governors of the Federal Reserve System to 
 issue rules to establish certain methodologies and scenarios used in 
 stress testing, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Stress Testing Accountability and 
Transparency Act''.

SEC. 2. RULEMAKING RELATED TO STRESS CAPITAL BUFFER REQUIREMENTS.

    (a) In General.--Not later than 90 days after the date of the 
enactment of this section, the Board of Governors of the Federal 
Reserve System (in this Act referred to as the ``Board'') shall issue a 
rule--

    (1) establishing the models, assumptions, formulas, and 
 other decisional methodologies that are used to conduct any 
 stress test pursuant to 

section 165
            (i) of the Financial 
 Stability Act of 2010 (12 U.S.C. 5365
            (i) ), including any such 
 test that is used to determine any component or subcomponent of 
 the stress capital buffer requirement for a covered company; 
 and

    (2) to determine, where the Board has supervisory stress 
 test results from two or more periodic analyses of a covered 
 company, the covered company's stress capital buffer 
 requirement on the basis of supervisory stress test results 
 from two or more periodic analyses of that covered company.

    (b) Changes.--The Board may only make material changes to the 
methodologies established in the rule issued under subsection

    (a)

    (1) through notice and comment rulemaking.
            (c) No Double-count.--The Board shall ensure no double-count of 
capital requirements for the same risks in the stress capital buffer 
requirement and the risk-based capital requirements.
            (d) === Definitions. ===
-In this section:

    (1) Covered company.--The term ``covered company'' means a 
 company to which 

section 225.8 of title 12, Code of Federal 
 Regulations, or 

section 238.170 of title 12, Code of Federal 
 Regulations, applies.

    (2) Stress capital buffer requirement.--The term ``stress 
 capital buffer requirement'' has the meaning given that term 
 under--
        (A) section 225.8
            (d) of title 12, Code of Federal 
 Regulations; and
        (B) section 238.170
            (d) of title 12, Code of Federal 
 Regulations.

    (e) Rule of Construction.--Nothing in this section may be construed 
to imply that the Board is required to establish a stress capital 
buffer requirement for any bank holding company or any other company 
regulated by the Board.

SEC. 3. RULEMAKING RELATING TO STRESS TESTING.

    (a) In General.--Beginning in the first calendar year beginning 
after the date of the enactment of this section, the Board shall, not 
less than 60 days before conducting a stress test pursuant to 

section 165
            (i) of the Financial Stability Act of 2010, publicly disclose each 
scenario to be used in such stress test.

    (b) Prohibition.--The Board may not, by rule or otherwise, subject 
any nonbank financial company or bank holding company to a climate-
related stress test using the authority provided in 

section 165
            (i) of 
the Financial Stability Act of 2010.

SEC. 4. GAO REPORT.

    (a) In General.--The Comptroller General of the United States 
shall, every 3 years, conduct a study and submit a report to the 
Congress with respect to the stress tests conducted by the Board under 

section 165
            (i) of the Financial Stability Act of 2010 in the 3 most 
recent calendar years.

    (b) Contents.--The report submitted to the Congress under 
subsection

    (a) shall consider the effectiveness of the stress tests in 
evaluating--

    (1) the safety and soundness of the nonbank financial 
 companies and bank holding companies subjected to stress tests; 
 and

    (2) the stability of the United States financial system.
 Union Calendar No. 318

119th CONGRESS

 1st Session

 H. R. 5270

 [Report No. 119-366]

_______________________________________________________________________

 A BILL

 To require the Board of Governors of the Federal Reserve System to 
 issue rules to establish certain methodologies and scenarios used in 
 stress testing, and for other purposes.

_______________________________________________________________________

 November 4, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed