U.S. Congress legislation · 119th Congress
HB10230: Strengthening Oversight for the Financial Sector Act of 2026
Status: In committee, September 2, 2026
To amend the Federal Credit Union Act to modify requirements relating to the regulation and examination of credit union organizations and service providers, to provide the Director of the Federal Housing Finance Agency with the authority to regulate the provision of services provided to the Government-sponsored enterprises and Federal Home Loan Banks, and for other purposes.
What the bill says
To amend the Federal Credit Union Act to modify requirements relating to the regulation and examination of credit union organizations and service providers, to provide the Director of the Federal Housing Finance Agency with the authority to regulate the provision of services provided to the Government-sponsored enterprises and Federal Home Loan Banks, and for other purposes.
From the introduced text, September 2, 2026:
To amend the Federal Credit Union Act to modify requirements relating to the regulation and examination of credit union organizations and service providers, to provide the Director of the Federal Housing Finance Agency with the authority to regulate the provision of services provided to the Government-sponsored enterprises and Federal Home Loan Banks, and for other purposes. SECTION 1. Short title This Act may be cited as the Strengthening Oversight for the Financial Sector Act of 2026 . SECTION 2. Regulation and examination of credit union organizations and service providers Section 206A of the Federal Credit Union Act ( 12 U.S.C. 1786a ) is amended-- (1) in subsection (a)(1), by striking that and inserting an ; (2) in subsection (c)(2), by inserting after shall notify the Board the and (3) by striking subsection (f). SECTION 3. Regulation of service providers by the Federal housing finance agency Subpart A of part 2 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4541 et seq. ) is amended by adding at the end the following new section: SECTION 1329. Regulation and examination of certain service providers (a) In general Whenever a regulated entity or the Office of Finance causes to be performed for itself, by contract or otherwise, any activity that is permissible for …
Sponsors
- Bill Foster (D, HD-011) · primary sponsor
Latest actions
- : Referred to the House Committee on Financial Services.
- : Introduced in House
Subjects: Finance and Financial Sector
Common questions
- What is HB10230?
- HB10230 is a bill in Congress (119th Congress): Strengthening Oversight for the Financial Sector Act of 2026.
- What does HB10230 do?
- In its own words: To amend the Federal Credit Union Act to modify requirements relating to the regulation and examination of credit union organizations and service providers, to provide the Director of the Federal Housing Finance Agency with the authority to regulate the provision of services provided to the Government-sponsored enterprises and Federal Home Loan Banks, and for other purposes.
- What is the status of HB10230?
- In committee as of September 2, 2026. Latest action: Referred to the House Committee on Financial Services. (September 2, 2026).
- Who sponsored HB10230?
- Bill Foster (D, HD-011).
- Where is the official record for HB10230?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10230
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.