Open Eye

A plain-language record of the U.S. government

substantiveOct 26, 2021 · House roll call · passage · Result: Passed

On Motion to Suspend the Rules and Pass, as Amended — H R 2989 — Financial Transparency Act

Financial Transparency Act of 2021

In plain language

  • House bill in the 117th Congress.
  • Requires federal financial regulatory agencies to adopt specified data standards on format, searchability, and transparency.
  • House passed it on Oct 26, 2021 (substantive).
Official summary (Congressional Research Service)

Financial Transparency Act of 2021 This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency. The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)

View this measure on congress.gov

Roll-call breakdown

Yea400

Democrat: 216 · Republican: 184

Nay19

Republican: 19

Present0

Not Voting12

Democrat: 3 · Republican: 9

How each member voted (431)

Yea (400)

Nay (19)

Not Voting (12)

Party labels reflect each member’s most recent affiliation on record.