# 119-hr-7513: GSIB Act of 2026

119-hr-7513, GSIB Act of 2026, is a 119th Congress bill sponsored by Rep. Pressley, Ayanna [D-MA-7] (D-MA); status introduced; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7513
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7513
- Congress: 119
- Title: GSIB Act of 2026
- Status: introduced
- Introduced: 2026-02-11
- Sponsor: Rep. Pressley, Ayanna [D-MA-7] (D-MA)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Annual public reporting by global systemically important bank holding companies** would force detailed, public disclosure of a bank’s size, risks, governance, pay practices, climate finance and effects on consumers and communities. The bill would create a new, statutory annual report to the Federal Reserve with public posting on the Board’s website. - Families and consumers would get clearer information on enforcement actions and harms. Reports must list all enforcement actions, the number of consumers, employees, or investors harmed, the use of forced arbitration, and firms’ cybersecurity and data protection approaches. - Workers and employees would see pay and accountability details. Firms would report employee dismissals for misconduct, whether executives were involved, compensation broken down by decile, CEO and senior pay versus median worker pay, clawback and accountability policies, and whistleblower and ethics complaints and resolutions. - Investors, regulators, and communities would gain deeper market and societal transparency. Required disclosures cover trading desk structure and Volcker Rule compliance, merger effects on branches and market concentration, 10-year trend comparisons, actions on climate financing and financed emissions, environmental harm in affected communities, and support for minority depository institutions and community development banks.

## Cosponsors (2)

- Rep. Green, Al [D-TX-9] (D-TX), 2026-02-11T00:00:00.000Z
- Rep. Tlaib, Rashida [D-MI-12] (D-MI), 2026-02-11T00:00:00.000Z

## Provisions PRIA read

- Annual public reports by big banks: benefit, medium. This bill would require each global systemically important bank holding company (GSIB) to file an annual report to the Board of Governors of the Federal Reserve. The Board would have to post each report on its website. Reports would be issued every year and include a ten-year comparison for the lis…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-7973: Momnibus Act
- 119-hr-2038: American Housing and Economic Mobility Act of 2025
- 119-hr-5658: Child Care for Every Community Act
- 119-hr-3971: Domestic Workers Bill of Rights Act

## Sources
- [119-hr-7513 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7513)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-2038: American Housing and Economic Mobility Act of 2025](https://policyrisk.com/legislation/119-hr-2038)
- [119-hr-5658: Child Care for Every Community Act](https://policyrisk.com/legislation/119-hr-5658)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7513 (as of 2026-04-21).