Calendar No. 32
S. 875
March 6, 2025
Mr. Scott of South Carolina (for himself, Mr. Crapo, Mr. Rounds, Mr. Tillis, Mr. Kennedy, Mr. Hagerty, Ms. Lummis, Mrs. Britt, Mr. Ricketts, Mr. Cramer, Mr. Moreno, Mr. McCormick, and Mr. Banks) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
March 18, 2025
Reported under authority of the order of the Senate of March 14, 2025, by Mr. Scott of South Carolina, with an amendment
[Strike out all after the enacting clause and insert the part printed in italic]
A BILL
To curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,