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Strengthening Cybersecurity for the Financial Sector Act of 2020

USA116th CongressHR-8740| House 
| Updated: 11/12/2020
Bill Foster

Bill Foster

Democratic Representative

Illinois

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Strengthening Cybersecurity for the Financial Sector Act of 2020 This bill requires a Federal Home Loan Bank or government-sponsored enterprise to notify the Federal Housing Finance Agency of any services performed off its premises. The performance of these services is subject to regulation and examination. The bill also applies to credit unions existing limitations regarding investments by depository institutions in a bank service company.
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Timeline
Nov 12, 2020
Introduced in House
Nov 12, 2020
Referred to the House Committee on Financial Services.
  • November 12, 2020
    Introduced in House


  • November 12, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Administrative law and regulatory proceduresBanking and financial institutions regulationFederal Housing Finance Agency

Strengthening Cybersecurity for the Financial Sector Act of 2020

USA116th CongressHR-8740| House 
| Updated: 11/12/2020
Strengthening Cybersecurity for the Financial Sector Act of 2020 This bill requires a Federal Home Loan Bank or government-sponsored enterprise to notify the Federal Housing Finance Agency of any services performed off its premises. The performance of these services is subject to regulation and examination. The bill also applies to credit unions existing limitations regarding investments by depository institutions in a bank service company.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Nov 12, 2020
Introduced in House
Nov 12, 2020
Referred to the House Committee on Financial Services.
  • November 12, 2020
    Introduced in House


  • November 12, 2020
    Referred to the House Committee on Financial Services.
Bill Foster

Bill Foster

Democratic Representative

Illinois

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationFederal Housing Finance Agency