HR 7022 United States House · 117th Congress

Strengthening Cybersecurity for the Financial Sector Act of 2022

Summary
Strengthening Cybersecurity for the Financial Sector Act of 2022 This bill provides for the regulation and supervision of certain financial organizations and service providers. Specifically, if a credit union that is subject to examination by the Board of Directors of the National Credit Union Administration delegates the performance of certain activities and services, the delegation must be disclosed and shall be subject to regulation and examination by the board. Additionally, if the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, any Federal Home Loan Bank, or the Office of Finance of the Federal Home Loan Bank System delegates the performance of certain activities and services, the delegation must be disclosed and shall be subject to regulation and examination by the Federal Housing Finance Agency.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 9, 2022 Last action May 17, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
May 17, 2022
Lower · Passed
Committee Consideration and Mark-up Session Held.
lower
Mar 9, 2022
Committee
Referred to the House Committee on Financial Services.
lower
Mar 9, 2022
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Foster
Bill Foster
DDemocratic
IL
11