Stress Testing Accountability and Transparency Act

Sponsor: Bill Huizenga (Republican-MI)September 10, 2025

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Placed on the Union Calendar, Calendar No. 318.

Fed to disclose bank test methods, ban climate-related tests under specific law.

This bill would make the Federal Reserve share how it tests big banks and how much money they need to set aside. It would also stop the Fed from using a specific law to run climate-related financial tests on certain companies. This aims to make the process clearer for banks and the public.

What Would Change

Today, the Federal Reserve runs financial health tests for large financial companies. But the exact ways and situations used are not always fully clear or set by formal rules. This bill would require the Federal Reserve to create clear rules for these testing methods. It would also make the Fed publicly share the situations for tests at least 60 days before they start, beginning next year. Plus, it would specifically stop the Federal Reserve from using a certain legal power to do climate-related stress tests on some financial companies.

Key Provisions

Requires the Federal Reserve to issue rules for the models and methods it uses to conduct financial health tests for certain large companies within 90 days if the bill becomes law.
Requires the Federal Reserve to issue rules for how it determines the amount of money certain companies must set aside based on these financial health tests within 90 days if the bill becomes law.
Ensures that any major changes to these testing methods would require public notice and a chance for people to comment.
Prevents the Federal Reserve from making companies set aside money twice for the same risks in their financial health requirements.
Requires the Federal Reserve to publicly share the scenarios it will use in its financial health tests at least 60 days before conducting them, starting next year if the bill passes.

View on Congress.gov

HR 5270 · 119th Congress · September 10, 2025 · AI Summary by gemini-2.5-flash · 10/10

Lobbying Activity

5 filings mentioned this bill

Top Lobbying Clients

CHAMBER OF COMMERCE OF THE U.S.A.

3 filings

AMERICAN BANKERS ASSOCIATION

2 filings

Top Lobbying Firms

1.CHAMBER OF COMMERCE OF THE U.S.A.3 filings

2.AMERICAN BANKERS ASSOCIATION2 filings

Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.