Requires the Federal Reserve, the Office of the Comptroller of the Currency, and the FDIC to report each year to Congress on their interactions with international financial regulatory bodies such as the Basel Committee and the Financial Stability Board.

Official title: American FIRST Act of 2025

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 10-DEC-2025

Referred 10-DEC-2025

Approved by committee 17-DEC-2025

Reported 25-FEB-2026

On the calendar 25-FEB-2026

Key points

Requires each agency to list the global financial forums it belongs to, along with each forum's purposes, members, observers, and main funders.
Requires each report to describe the positions U.S. representatives took at those forums, the outcomes of their meetings, and any final standards adopted, with an economic impact analysis of implementing them.
Adds these forum interactions to the topics covered in the Federal Reserve's required congressional testimony.
Excludes international financial institutions and international organizations the United States joins under a treaty.

AI-generated from the Reported in House text of 25-FEB-2026 · verify · report an error

Official CRS summary

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Committee referrals (1)

Policy area

Finance and Financial Sector

Sponsor Barry Loudermilk (R-GA) Cosponsors · 6

■ 6 R

6 Republicans

congress.gov page Reported in House (25-FEB-2026) Introduced in House (10-DEC-2025)