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This bill requires specified federal financial agencies to assess their technological capabilities and procurement practices.
Specifically, agencies (the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Department of the Treasury, the Office of the Comptroller of the Currency, the Financial Crimes Enforcement Network, the Federal Housing Finance Agency, and the National Credit Union Administration) must assess the technology used by the agency and its capabilities to conduct real-time supervisory assessments of entities over which the agency has supervisory authority.
Additionally, the agencies must assess the applicable procurement rules and protocols when acquiring or developing new technological systems and identify any opportunities to streamline these procedures.
Every five years, these agencies must report to specified congressional committees. Among other topics, the report must contain an overview of the technology used in supervisory assessments and any anticipated upgrades, a description of procurement practices, an overview of the agency’s technology development workforce, and details regarding data sharing procedures.
Written by the nonpartisan Congressional Research Service, describing H.R. 8278 as reported to House on Jun 24, 2026. It is not the text of the measure; a later amendment may have changed what it does.
House Sep 15, 2026
Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act
Passed · Two-thirds required
417 Yea 7 Nay 9 not voting
Crossed both parties 7 of 424 voting members broke with their own party: 7 Republicans.
DemocratsIndependentsRepublicansFilled: YeaRing: NayGrey: not voting or present
433 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 8278 and vote against it. 1 signed when it was filed.
Organizations that named H.R. 8278 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
9 disclosures name this measure. Retrieved from LDA.gov on 2026-10-25. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.