Survivor Financial Safety and Inclusion Working Group Act
This bill establishes a federal working group to study how financial institutions can better support survivors of domestic violence facing economic abuse. The group, composed of agency heads from major financial regulators (like the Treasury, Fed, and CFPB), will examine data collection methods, improve financial products for survivors, and address needs in underserved communities like rural areas and Indian tribes. It requires the group to report annually to Congress on findings and recommendations for safer, more accessible financial services. The bill directly affects survivors of domestic violence - particularly those experiencing economic abuse - and aims to guide financial institutions in creating more protective services.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
President
Introduced Feb 29, 2024
Last action Feb 29, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 29, 2024
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Feb 29, 2024
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tina Smith
DDemocratic
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