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Bills / H.R. 8278

H.R. 8278

Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act

Passed
Latest action: 2026-09-16: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Bill on Congress.gov ↗

In plain English

This bill would require eight federal financial agencies to review their technology and their ability to monitor the financial institutions they oversee in real time. The agencies would also review how they buy or develop technology and identify ways to simplify that process. Every five years, they would report to designated congressional committees on their technology, planned upgrades, purchasing practices, technology staff, and data-sharing procedures.

Simplified by AI from the Congressional Research Service summary. Check the full text on Congress.gov.

Sponsor and status

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How South Carolina voted

On Motion to Suspend the Rules and Pass, as Amended · House roll call 302 · 2026-09-16 · Roll-call record ↗

417 yea – 7 nay · 9 not votingDemocrats 213–0Independents 1–0Republicans 203–7

Who lobbied

Lobbying reports name the bills a client worked on. They don't say which side anyone took.

9 reports from 5 clients reporting $15,660,000 in fees and expenses. Fees cover each report's whole lobbying effort, not just this bill.

Businesses and trade groups (3)

Advocacy groups and nonprofits (0)

None.

Not classified (2)

Groupings are our label from each organization's name and industry, not its legal or tax status.

The connection table

Organizations that lobbied this bill, and money each gave South Carolina's delegates this cycle: its PAC's contributions (FEC) plus its lobbyists' reported contributions and event payments (LD‑203, group events excluded). Exact name matches only. An empty cell means no matching money was found. Under each name is that delegate’s final vote on the bill (passage or last substantive vote). Delegates who didn’t vote on it, for example because they weren’t serving, are grayed out and left out of the Total column.

OrganizationD. GrahamNo voteL. GrahamNo voteT. ScottNo voteJ. ClyburnYeaJ. WilsonYeaN. MaceYeaR. NormanNayR. FryYeaS. BiggsYeaW. TimmonsYeaTotal
NATIONAL MULTIFAMILY HOUSING COUNCIL, INC.–––$10,000–––––$5,000$15,000
AMERICAN BANKERS ASSOCIATION–$2,500––$2,500––$2,500–$2,500$7,500
JPMORGAN CHASE HOLDINGS LLC–$1,000$5,000$5,000–––––$2,000$7,000
INDEPENDENT COMMUNITY BANKERS OF AMERICA––$5,000$2,000–––––$5,000$7,000
Total–$3,500$10,000$17,000$2,500––$2,500–$14,500