House vote: H.R. 2989 // October 25, 2021Needed two-thirds to pass
Financial Transparency Act of 2021
Sponsor: CAROLYN MALONEY (D-NY)
This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency. The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 3.6% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 400 | 91.9% |
| Nay | Lost | 19 | 4.5% |
| Not represented on this question | No position taken | 0 | 3.6% |