,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #daaf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #ad1 #bjbc,mr4  
,gre5 ( ,texas 7= himself1 ,mr4 ,%]man1 
& ,mrs4 ,beatty7 introduc$ ! foll[+     
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,f$]al ,deposit ,insurance ,act to    
require reports on ! use ( ! sy/emic    
risk au?ority applicable to w9d+ up a   
fail$ insur$ depository in/itution1 & = 
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,sy/emic ,risk         
,au?ority ,transp>5cy ,act4  #b4        
,sy/emic risk provisions  7a7 ,,gao     
review ,section #ac7;c77#d77;,g77iv7 ( !
 ,f$]al ,deposit ,insurance ,act 7#ab   
,u4,s4,c4 #ahbc7;c77#d77;,g77iv77 is    
am5d$ to read z foll[s3  7iv7 ,,gao     
,review ,! ,comptroll] ,g5]al ( ! ,unit$
 ,/ates %all1 n lat] ?an lat] ?an #fj   
days aft] a det]m9ation is made "u      
clause 7i71 & aga9 #ahj days !reaft]1   
review & report to ! ,congress on !     
det]m9ation "u clause 7i71 includ+--    

7,i7 ! basis = ! det]m9ation2  7,,ii7 ! 
purpose = :i* any action 0 tak5 pursuant
 to su* clause2  7,,iii7 ! likely effect
 ( ! det]m9ation & su* action on !      
inc5tives & conduct ( insur$ depository 
in/itutions & un9sur$ depositors2       
7,,iv7 any mismanagem5t by ! executives 
& bo>d ( ! insur$ depository in/itution 
t contribut$ to ! failure ( ! insur$    
depository in/itution2  7,v7 a review ( 
! comp5sation practices ( ! insur$      
depository in/itution2  7,,vi7 any      
sup]visory or regulatory %ortcom+s )    
respect to ! prim>y ,f$]al bank+        
regulators ( ! insur$ depository        
in/itution2  7,,vii7 any actions tak5 by
 ! ,f$]al bank+ regulators1 ,f9ancial   
,/ability ,ov]sight ,c\ncil1 ,treasury  
,dep>tm5t1 & o!r relevant f9ancial      
regulators 9 relation to ! bank's       
failure2 &  7,,viii7 any additional     
relevant entities or activities t may h 
contribut$ to ! failure ( ! insur$      
depository in/itution1 includ+ ) respect
 to audit+1 acc\nt+1 cr$it rat+ ag5cies1

 inve/m5t bank und]writ]s1 & em]g5cy    
liquidity options su* z loans f ! ,f$]al
 ,res]ve or advances ?r\gh ! ,f$]al     
,home ,loan ,bank sy/em4  4  7b7 ,prim>y
 ,f$]al regulator report ,section       
#ac7;c7 ( ! ,f$]al ,deposit ,insurance  
,act 7#ab ,u4,s4,c4 #ahbc7;c77 is am5d$ 
by add+ at ! end ! foll[+3  7#ab7       
,prim>y ,f$]al ,regulator report ,!     
prim>y ,f$]al regulator ( an insur$     
depository in/itution ab\t :i* a        
det]m9ation is made "u clause 7i7 %all1 
n lat] ?an #fj days aft] ! date ( su*   
det]m9ation1 & aga9 #ahj days !reaft]1  
submit a report to ! ,congress t-- 7,a7 
discloses all confid5tial sup]visory    
in=mation held by su* prim>y ,f$]al     
regulator t relates to ! fail$ insur$   
depository in/itution2  7,b7 exam9es any
 mismanagem5t by ! executives & bo>d ( !
 insur$ depository in/itution t         
contribut$ to ! failure ( ! insur$      
depository in/itution2  7,c7 discloses  
any sup]visory or regulatory %ortcom+s  
by su* prim>y ,f$]al regulator ) respect

 to ! insur$ depository in/itution2     
7,d7 describes any dynamics t ! prim>y  
,f$]al regulator det]m9es may h         
contribut$ to ! failure ( ! insur$      
depository in/itution2 &  7,e7 includes 
any sup]visory1 regulatory1 &           
legislative recomm5dations su* prim>y   
,f$]al regulator may h to improve !     
safety & s\ndness ( simil>ly situat$    
insur$ depository in/itutions1 ! bank+  
sy/em1 & f9ancial /ability4  4