Strengthening Cybersecurity for the Financial Sector Act of 2022

United States117th CongressHR-7022House of Representatives
Updated: May 17, 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 texts

Available versions
Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

  3. Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 24 - 22.

    House of Representatives

  4. Committee Consideration and Mark-up Session Held.

    House of Representatives

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