S 875: FIRM Act | Lobbying & Trade Analysis | CapitolExposed

S 875introduced119th Congress

FIRM Act

Introduced Mar 6, 2025Senate billPolicy area: Finance and Financial SectorLast action Mar 18, 2025Sponsor: Tim Scott(R-SC)

financeFinance and Financial Sector

Banking, Housing, and Urban Affairs Committee

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Official summaryUpdated Mar 18, 2025

What the bill does

Financial Integrity and Regulation Management Act or the FIRM Act This bill prohibits the consideration of reputational risk by federal banking agencies when regulating, examining, or supervising a depository institution or credit union. The bill defines reputational risk as the potential for negative publicity or public attention to decrease confidence in the institution, lead to litigation, reduce revenues, or result in other adverse impacts to the institution. Agencies must report on the implementation of this bill.

Latest official action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.

33

Lobbying Filings

$5913.0M

Total Lobbying Spend

15

Suspicious Trades

2

Members Involved

Timeline

Mar 6, 2025bill

Bill introduced

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Apr 8, 2025trade

Robert P. Bresnahan, Jr. bought K

Official Congressional Actions

Mar 18, 2025Calendars

Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.

View official action

Mar 18, 2025Committee

Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, under authority of the order of the Senate of 03/14/2025 with an amendment in the nature of a substitute. Without written report.

Banking, Housing, and Urban Affairs Committee

View official action

Mar 18, 2025Committee

Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, under authority of the order of the Senate of 03/14/2025 with an amendment in the nature of a substitute. Without written report.

Banking, Housing, and Urban Affairs Committee

View official action

Mar 13, 2025

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
CHAMBER OF COMMERCE OF THE U.S.A.	CHAMBER OF COMMERCE OF THE U.S.A.	$1934.0M	Jul 21, 2025	2025Q2	AERAUTAVI
CHAMBER OF COMMERCE OF THE U.S.A.	CHAMBER OF COMMERCE OF THE U.S.A.	$1934.0M	Apr 21, 2025	2025Q1	ENVFINFOR
AMERICAN BANKERS ASSOCIATION

Suspicious Trading Activity

Congress members who traded stocks in companies connected to lobbying on this bill, within 90 days of its introduction date.

Member	Party	Ticker	Company	Trade	Date	Amount	Timing	Lobbying Client	Conflict
Robert P. Bresnahan, Jr.	R	K	K	Buy	Apr 8, 2025	$1,001 - $15,000	33d after	AMERICAN BANKERS ASSOCIATION	37%
Robert P. Bresnahan, Jr.	R

Conflict Summary

15 trades by 2 members of Congress in companies connected to lobbying on S 875. The average conflict score is 35%.

Robert P. Bresnahan, Jr. (5 trades)Gilbert Ray Cisneros, Jr. (10 trades)

Methodology: Bill-Lobbying-Trade Connection

CapitolExposed identifies the "bill-lobbying-trade pipeline" by: (1) finding lobbying filings (LD-2) that specifically mention this bill, (2) matching lobbying clients to publicly traded companies, and (3) finding stock trades by members of Congress in those companies within 90 days of the bill's introduction date. Trades made before the bill was introduced are highlighted in red, as they may indicate advance knowledge. This analysis surfaces correlations worthy of scrutiny; it does not prove wrongdoing.