# 119-s-940: Transparency in Banking Act

119-s-940, Transparency in Banking Act, is a 119th Congress bill sponsored by Sen. Kennedy, John [R-LA] (R-LA); status introduced; PRIA reads it as touching household money (as of 2026-10-30).

- Canonical: https://policyrisk.com/legislation/119-s-940
- As of: 2026-10-30
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-940
- Congress: 119
- Title: Transparency in Banking Act
- Status: introduced
- Introduced: 2025-03-11
- Sponsor: Sen. Kennedy, John [R-LA] (R-LA)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-10-30

## Summary

**Greater public visibility into how U.S. banking regulators shape international banking rules.** This bill would require formal, regular reporting and quicker notice to Congress about U.S. participation in the Basel Committee on Bank Supervision.

## Provisions PRIA read

- New annual Basel report to Congress: benefit, low. This bill would require the Federal Reserve Board, the New York Fed, the OCC, and the FDIC, with the Treasury, to send one joint report to Congress each year by January 31. They would post the report on the Federal Reserve's website. The report would name who will attend Basel Committee meetings, l…

## Related bills

- 119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025
- 119-s-4952: Protecting American Taxpayers Act
- 119-s-4378: Protecting American Taxpayers Act
- 119-s-1748: Kids Online Safety Act
- 119-s-4065: STAND with Taiwan Act of 2026
- 119-s-3492: Essential Caregivers Act of 2025

## Sources
- [119-s-940 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/940)

## Related
- [119-s-688: Fighting Foreign Illegal Seafood Harvests Act of 2025](https://policyrisk.com/legislation/119-s-688)
- [119-s-4952: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4952)
- [119-s-4378: Protecting American Taxpayers Act](https://policyrisk.com/legislation/119-s-4378)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-4065: STAND with Taiwan Act of 2026](https://policyrisk.com/legislation/119-s-4065)
- [119-s-3492: Essential Caregivers Act of 2025](https://policyrisk.com/legislation/119-s-3492)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-940 (as of 2026-10-30).