Stress Testing Accountability and Transparency Act

# Stress Testing Accountability and Transparency Act (HR 5270) Summary **What the Bill Would Do:** This bill would require the Federal Reserve to increase transparency and accountability around "stress tests"—regular examinations that evaluate whether major banks have enough money to survive a financial crisis. If passed, the bill would mandate more detailed public reporting of how these tests are conducted, what assumptions the Fed uses, and the results for individual banks. It would also likely require more Congressional oversight of the stress testing process. **Who It Affects:** The bill primarily impacts large banks that undergo stress testing, the Federal Reserve System, and Congress.

Indirectly, it could affect banking customers and the broader financial system, since stress tests help ensure banks remain stable during economic downturns. **Current Status:** HR 5270 is currently in committee and has not yet been voted on by the full House. The bill was introduced by Representative Bill Huizenga (R-Michigan).