‘‘(i) all of the information recorded 
pursuant to subparagraph (A) with respect 
to the previous year; and 
‘‘(ii) with respect to each non-govern-
mental international organization with 
which the Board of Governors had an 
interaction in the previous year, a descrip-
tion of the funding sources of the non-gov-
ernmental international organization.’’. 
(b) OFFICE OF THE COMPTROLLER OF THE CUR-
RENCY.—Section 324 of the Revised Statutes of the 
United States (12 U.S.C. 1), as amended by section 
4201(b), is further amended by adding at the end the fol-
lowing: 
‘‘(e) REPORTING ON INTERACTIONS WITH NON-GOV-
ERNMENTAL INTERNATIONAL ORGANIZATIONS.—With re-
spect to interactions between the Office of the Comptroller 
of the Currency and a non-governmental international or-
ganization (including the Financial Stability Board, the 
Bank for International Settlements, the Network of Cen-
tral Banks and Supervisors for Greening the Financial 
System, and the Basel Committee on Banking Super-
vision), the Comptroller of the Currency shall— 
‘‘(1) keep a complete record of all such inter-
actions, including minutes of all meetings and any
recommendations made during such interaction for 
international standardization with respect to dis-
count lending and operations (including collateral 
policies) or supervisory policies and operations; and 
‘‘(2) issue an annual report to the Committee 
on Financial Services of the House of Representa-
tives and the Committee on Banking, Housing, and 
Urban Affairs of the Senate containing— 
‘‘(A) all of the information recorded pursu-
ant to paragraph (1) with respect to the pre-
vious year; and 
‘‘(B) with respect to each non-govern-
mental international organization with which 
the Office of the Comptroller of the Currency 
had an interaction in the previous year, a de-
scription of the funding sources of the non-gov-
ernmental international organization.’’. 
(c) FEDERAL DEPOSIT INSURANCE CORPORATION.— 
Section 2 of the Federal Deposit Insurance Act (12 U.S.C. 
1812), as amended by section 4201(c), is further amended 
is amended by inserting after subsection (h) the following: 
‘‘(i) REPORTING ON INTERACTIONS WITH NON-GOV-
ERNMENTAL INTERNATIONAL ORGANIZATIONS.—With re-
spect to interactions between the Federal Deposit Insur-
ance Corporation and a non-governmental international
organization (including the Financial Stability Board, the 
Bank for International Settlements, the Network of Cen-
tral Banks and Supervisors for Greening the Financial 
System, and the Basel Committee on Banking Super-
vision), the Board of Directors of the Corporation shall— 
‘‘(1) keep a complete record of all such inter-
actions, including minutes of all meetings and any 
recommendations made during such interaction for 
international standardization with respect to dis-
count lending and operations (including collateral 
policies) or supervisory policies and operations; and 
‘‘(2) issue an annual report to the Committee 
on Financial Services of the House of Representa-
tives and the Committee on Banking, Housing, and 
Urban Affairs of the Senate containing— 
‘‘(A) all of the information recorded pursu-
ant to paragraph (1) with respect to the pre-
vious year; and 
‘‘(B) with respect to each non-govern-
mental international organization with which 
the Corporation had an interaction in the pre-
vious year, a description of the funding sources 
of the non-governmental international organiza-
tion.’’.
(d) NATIONAL CREDIT UNION ADMINISTRATION.— 
Section 102 of the Federal Credit Union Act (12 U.S.C. 
1752a), as amended by section 4201(d), is further amend-
ed by adding at the end the following: 
‘‘(i) REPORTING ON INTERACTIONS WITH NON-GOV-
ERNMENTAL INTERNATIONAL ORGANIZATIONS.—With re-
spect to interactions between the Administration and a 
non-governmental international organization (including 
the Financial Stability Board, the Bank for International 
Settlements, the Network of Central Banks and Super-
visors for Greening the Financial System, and the Basel 
Committee on Banking Supervision), the Board shall— 
‘‘(1) keep a complete record of all such inter-
actions, including minutes of all meetings and any 
recommendations made during such interaction for 
international standardization with respect to dis-
count lending and operations (including collateral 
policies) or supervisory policies and operations; and 
‘‘(2) issue an annual report to the Committee 
on Financial Services of the House of Representa-
tives and the Committee on Banking, Housing, and 
Urban Affairs of the Senate containing— 
‘‘(A) all of the information recorded pursu-
ant to paragraph (1) with respect to the pre-
vious year; and
‘‘(B) with respect to each non-govern-
mental international organization with which 
the Administration had an interaction in the 
previous year, a description of the funding 
sources of the non-governmental international 
organization.’’. 
(e) FEDERAL HOUSING FINANCE AGENCY.—Section 
1311 of the Housing and Community Development Act 
of 1992 (12 U.S.C. 4511), as amended by section 4201(e), 
is further amended by adding at the end the following: 
‘‘(f) REPORTING ON INTERACTIONS WITH NON-GOV-
ERNMENTAL INTERNATIONAL ORGANIZATIONS.—With re-
spect to interactions between the Federal Housing Fi-
nance Agency and a non-governmental international orga-
nization (including the Financial Stability Board, the 
Bank for International Settlements, the Network of Cen-
tral Banks and Supervisors for Greening the Financial 
System, and the Basel Committee on Banking Super-
vision), the Director shall— 
‘‘(1) keep a complete record of all such inter-
actions, including minutes of all meetings and any 
recommendations made during such interaction for 
international standardization with respect to dis-
count lending and operations (including collateral 
policies) or supervisory policies and operations; and
‘‘(2) issue an annual report to the Committee 
on Financial Services of the House of Representa-
tives and the Committee on Banking, Housing, and 
Urban Affairs of the Senate containing— 
‘‘(A) all of the information recorded pursu-
ant to paragraph (1) with respect to the pre-
vious year; and 
‘‘(B) with respect to each non-govern-
mental international organization with which 
the Federal Housing Finance Agency had an 
interaction in the previous year, a description of 
the funding sources of the non-governmental 
international organization.’’. 
TITLE IV—SUPERVISION 
REFORM 
SEC. 4401. REMOVAL OF THE VICE CHAIRMAN FOR SUPER-
VISION DESIGNATION. 
(a) IN GENERAL.—The second undesignated para-
graph of section 10 of the Federal Reserve Act (12 U.S.C. 
242) (relating to the Chairman and Vice Chairman of the 
Board) is amended by striking ‘‘and 2 shall be designated 
by the President, by and with the advice and consent of 
the Senate, to serve as Vice Chairmen of the Board, each 
for a term of 4 years, 1 of whom shall serve in the absence 
of the Chairman, as provided in the fourth undesignated
paragraph of this section, and 1 of whom shall be des-
ignated Vice Chairman for Supervision. The Vice Chair-
man for Supervision shall develop policy recommendations 
for the Board regarding supervision and regulation of de-
pository institution holding companies and other financial 
firms supervised by the Board, and shall oversee the su-
pervision and regulation of such firms.’’ and inserting 
‘‘and 1 shall be designated by the President, by and with 
the consent of the Senate, to serve as Vice Chairman of 
the Board for a term of 4 years.’’. 
(b) CONFORMING AMENDMENT.—Section 10 of the 
Federal Reserve Act (12 U.S.C. 241 et seq.) is amended 
by striking paragraph (12). 
DIVISION E—LIMITATION ON 
SEC RESERVE FUND 
SEC. 5001. LIMITATION. 
During fiscal years 2026 and 2027, registration fees 
collected by the Securities and Exchange Commission shall 
not be deposited in the Securities and Exchange Commis-
sion Reserve Fund. 
Passed the House of Representatives September 19, 
2024. 
Attest: 
Clerk.
118TH CONGRESS 
2D SESSION 
H. R. 4790 
AN ACT 
To amend the Federal securities laws with respect 
to the materiality of disclosure requirements, to 
establish the Public Company Advisory Com-
mittee, and for other purposes.