House bill · 119th Congress · Latest step: Committee action
FIRM Act
Official title: To curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions.
Sponsor: Rep. Andy Barr R-KYWhere it went
- IntroducedApr 8, 2025
- Committee actionMay 21, 2025
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Jun 20, 2025 — Placed on the Union Calendar, Calendar No. 131.
Cost and committee reports
Official records Congress.gov attaches to H.R. 2702.
- CBO cost estimateThe Congressional Budget Office published “H.R. 2702, FIRM Act” on February 6, 2026. CBO’s description reads “As reported by the House Committee on Financial Services on June 20, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, February 6, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/62092
- CBO publication date
- February 6, 2026
- Congress.gov bill record
- H.R. 2702, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2702
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
cb616e3d437cf24b939e496eaec107949f0b288684d95392846de0ce4aa06683
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-164 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on June 20, 2025.Source: Congress.gov, reported June 20, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/164
- Congress.gov bill record
- H.R. 2702, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2702
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
cb616e3d437cf24b939e496eaec107949f0b288684d95392846de0ce4aa06683
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. BARR, as printed in the Congressional Record (Vol. 171, No. 63, April 8, 2025, Page H1508):Article 1, Section 8 of the United States Constitution.Source: Congress.gov, Congressional Record April 8, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 55 characters
- Congress.gov bill record
- H.R. 2702, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2702
- Record last updated by Congress.gov
- September 19, 2026
- PORKER copy retrieved
- September 24, 2026
- Stored copy, SHA-256 of the file
cb616e3d437cf24b939e496eaec107949f0b288684d95392846de0ce4aa06683
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 2702, last updated September 19, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
19 cosponsors — 18 Republicans, 1 Democrat
1 of 19 cosponsors (5%) are from the other party.
Troy Downing (R-MT), Scott Fitzgerald (R-WI), Andrew Garbarino (R-NY), Glenn Grothman (R-WI), Doug LaMalfa (R-CA), Barry Loudermilk (R-GA), Frank Lucas (R-OK), Lisa McClain (R-MI), Mark Messmer (R-IN), Tim Moore (R-NC), Andrew Ogles (R-TN), John Rose (R-TN), Derek Schmidt (R-KS), Pete Sessions (R-TX), Marlin Stutzman (R-IN), William Timmons (R-SC), Ritchie Torres (D-NY), Ann Wagner (R-MO), Roger Williams (R-TX).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Andy Barr.
- H.R. 747 (119th) Stop Chinese Fentanyl Act of 2025
- H.R. 10184 (119th) Consumer Financial Protection Accountability and Reform Act of 2026
- H.R. 478 (119th) Promoting New Bank Formation Act
- H.R. 2405 (119th) The White Oak Resilience Act
- H.R. 3484 (119th) Business Owners Protection Act of 2025
- H.R. 6553 (119th) TIER Act of 2025
Related bills
- S. 875 (119th) FIRM ActIdentical bill
- H.R. 6955 (119th) Main Street Capital Access ActRelated bill
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.