# 119-s-1990: CURB Act

119-s-1990, CURB Act, is a 119th Congress bill sponsored by Sen. Banks, Jim [R-IN] (R-IN); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-1990
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1990
- Congress: 119
- Title: CURB Act
- Status: introduced
- Introduced: 2025-06-09
- Sponsor: Sen. Banks, Jim [R-IN] (R-IN)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Gives the Federal Housing Finance Agency Director explicit authority to set pay for executive officers of the Federal Home Loan Banks.** The authority would require that compensation be reasonable and comparable and would operate under regulations the Director issues. - Executive officers of Federal Home Loan Banks would have their salaries set under FHFA rules instead of only being subject to a withholding-focused regime. This means pay levels would be determined by a federal regulator using reasonableness and comparability standards. - Federal Home Loan Bank boards would need to follow FHFA-established pay rules for top executives rather than relying on the prior transition and withholding language. This shifts the practical control over top pay to the FHFA Director. - The FHFA Director would gain explicit rulemaking authority to define and implement standards for executive compensation. The statute ties the Director's powers to regulations the Director promulgates, putting details of the policy into agency rules.

## Cosponsors (1)

- Sen. Cortez Masto, Catherine [D-NV] (D-NV), 2025-06-09T00:00:00.000Z

## Provisions PRIA read

- FHFA could set FHLB executive pay: benefit, low. This bill would give the FHFA Director authority to set pay for any executive officer at a Federal Home Loan Bank. The Director would have to make pay "reasonable and comparable" and follow rules the Director writes. The bill would also remove a previous transition rule in the Federal Home Loan Ban…

## Related bills

- 119-s-1748: Kids Online Safety Act
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-4627: FARM AI Act of 2026
- 119-s-4456: AI OVERWATCH Act
- 119-s-4189: INSULIN Act of 2026
- 119-s-1053: FIGHT China Act of 2025

## Sources
- [119-s-1990 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1990)

## Related
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-4627: FARM AI Act of 2026](https://policyrisk.com/legislation/119-s-4627)
- [119-s-4456: AI OVERWATCH Act](https://policyrisk.com/legislation/119-s-4456)
- [119-s-4189: INSULIN Act of 2026](https://policyrisk.com/legislation/119-s-4189)
- [119-s-1053: FIGHT China Act of 2025](https://policyrisk.com/legislation/119-s-1053)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1990 (as of 2025-12-21).