,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #geac  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #aa1 #bjbf   
,ms4 ,pressley 7= h]self1 ,mr4 ,gre5 (  
,texas1 & ,ms4 ,tlaib7 introduc$ !      
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to require ! global sy/emically
 important bank hold+ companies to      
provide annual reports to ! ,bo>d (     
,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 & =
 o!r purposes4  #a4 ,%ort title ,?is    
,act may be cit$ z ! ,great] ,sup]vision
 ,9 ,bank+ ,act ( #bjbf or ! ,,gsib ,act
 ( #bjbf4  #b4 ,,gsib annual reports ,! 
,bank ,hold+ ,company ,act ( #aief 7#ab 
,u4,s4,c4 #ahda et seq47 is am5d$ by    
add+ at ! end ! foll[+3  #ae4 ,,gsib    
annual reports  7a7 ,annual report ,ea* 
global sy/emically important bank hold+ 
company %all issue an annual report to !
 ,bo>d conta9+ a description ( !        
activities ( ! company dur+ ! previ\s   
ye> & a description ( ! company's       
objectives & goals = ! foll[+ ye>4  7b7 

,specific cont5ts ,ea* report requir$ "u
 subsection 7a7 %all include a          
description (--  7#a7 ! company's size &
 complexity1 includ+ a li/+ ( all       
company subsidi>ies & _! relation%ip to 
specifi$ company bus9ess l9es2  7#b7 )  
respect to ea* depository in/itution    
subsidi>y ( ! company1 ! numb] &        
geographic di/ribution ( ! bran*es ( su*
 subsidi>y2  7#c7 any en=cem5t actions1 
includ+ any cons5t ord]s & settlem5ts1  
aga9/ ! company 7includ+ any affiliate  
or subsidi>y ( ! company71 includ+      
en=cem5t actions relat$ to labor & heal?
 & safety law violations 79 addition to 
consum] protection72  7#d7 ) respect to 
ea* en=cem5t action describ$ "u p>agraph
 7#c71 ! total numb] ( consum]s1        
employees1 or inve/ors h>m$ by ! conduct
 t 0 ! basis = su* en=cem5t action2     
7#e7 ! numb] ( employees dismiss$ =     
misconduct1 & :e!r any su* employees 7  
company executives2  7#f7 ! company's   
capital m>ket activities1 includ+ )     
respect to securities 7includ+          

und]writ+1 trad+1 & securitization7 &   
d]ivatives1 includ+--  7,a7 ! trad+ desk
 /ructure ( ! company1 id5tify+ ea* desk
 & ! in/rum5ts trad$ or held at ea*     
desk2  7,b7 ! av]age & /&>d deviation ( 
a metric ( inv5tory1 con/ruct$ us+ data 
on individual trad+ desk positions1 =   
long securities positions1 %ort         
securities positions1 & d]ivatives1 at  
ea* individual trad+ desk = a qu>t]ly   
p]iod six mon?s prior to ! report+ date2
  7,c7 h[ ! company complies )          
re/rictions "u section #ac ( ! ,bank    
,hold+ ,company ,act ( #aief 7commonly  
ref]r$ to z ! ,volck] ,rule7 at ea*     
trad+ desk1 includ+ a g5]al description 
( ! me?odology = det]m9+ reasonably     
expect$ ne> t]m cu/om] dem& & = design+ 
comp5sation practices at ! desk s z n to
 create inc5tives = propriet>y trad+2   
7,d7 ! total pr(it or loss attribut$ to 
! company's trad+ acc\nt1 includ+ a     
breakd[n ( pr(it e>n$ on fees1          
commissions1 & spreads1 & a description 
( ! s\rce ( trad+ acc\nt pr(it or loss t

 _c be attribut$ to fees1 commissions1 &
 spreads2 &  7,e7 a description (       
%>ehold] rights 9 ! jurisdiction (      
incorporation & 9 relevant *>t] & bylaw 
provisions1 includ+ !-- 7i7 ability &   
any re/rictions to br+ %>ehold]         
d]ivative claims1 file %>ehold]         
proposals1 & make books & records       
reque/s2  7ii7 scrut9y conflict$        
transactions face & any cleans+         
me*anisms2  7iii7 /&>ds = det]m9+ :e!r  
directors are indep5d5t & :e!r l>ge     
%>ehold]s are controll+ %>ehold]s2 &    
7iv7 ability to h %>ehold] contracts t  
be/[ gov]nance rights & any su* exi/+   
contracts2  7#g7 ! ext5t to :i* !       
company utilizes =c$ arbitration clauses
 9 contracts ) consum]s1 employees1     
inve/ors1 & contractors2  7#h7 !        
company's comp5sation & clawback        
policies1 includ+-- 7,a7 h[ ^! policies 
are design$ to promote acc\ntability (  
company executives2  7,b7 h[ !          
comp5sation ( ! *ief executive (fic] &  
o!r s5ior executives comp>es to ! m$ian 

comp5sation ( an employee ( ! company2 &
  7,c7 a detail$ description ( any      
/ipulation t ?ird-p>ty v5dor ( ! company
 pays its employees a m9imum wage2  7#i7
 ) respect to comp5sation paid by !     
company-- 7,a7 ! av]age am\nt (         
comp5sation receiv$ by ea* decile (     
employees2  7,b7 a break d[n ( ! base   
pay & inc5tive pay = ea* decile1 includ+
 a description ( metrics1 sales goals1  
or cross sell+ requir$ to be met 9 ord] 
to qualify = ! inc5tive or bonus pay2   
7,c7 ! m9imum wage receiv$ by employees2
 &  7,d7 ! numb] ( employees :o receive 
! m9imum wage2  7#aj7 ! div]sity ( !    
directors ( ! company's bo>d & s5ior    
executives1 ! policies & practices      
implem5t$ at ! company to promote       
div]sity & inclusion among ! company's  
work=ce1 & ! policies implem5t$ by !    
company to promote ! use ( div]se       
contractors1 includ+ div]se asset       
manag]s1 brok]s1 & und]writ]s2  7#aa7 ! 
company's approa* to cyb]security &     
protect+ consum] data2  7#ab7 ! total   

numb] ( :i/lebl[] & e?ics compla9ts made
 by employees ?r\gh int]nal company     
protocols ov] ! pa/ ye>1 :at issues 7   
involv$ 9 ! compla9ts1 & :at !          
resolutions ( ! compla9ts 72  7#ac7 !   
company's actions tak5 9 relation to    
climate risk & contribution to climate  
*ange1 includ+-- 7,a7 any f9anc$        
emissions t>gets set by ! company & :e!r
 !y are align$ ) global ef=ts to hold   
global w>m+ z close to #a4e degrees     
,celsius z possible2  7,b7 _! reliance  
on (fsets to a*ieve ^? t>gets & !       
expect$ s\rces ( ^? (fsets2  7,c7 am\nt 
( f9anc+ provid$ 9 ! la/ ye> & committ$ 
to 9 future ye>s to companies involv$ 9 
fossil fuel expansion & any plans to    
phase out f9anc+ to companies involv$ 9 
fossil fuel expansion2 &  7,d7 !        
project$ effect ( global failure to     
a*ieve ! sci5ce-bas$ emissions t>gets on
 ! company's solv5cy1 op]ations1 &      
/rategy1 includ+ ! project$ effect ( #c 
degrees ,celsius or m ( w>m+2  7#ad7 !  
company's involvem5t 9 projects t       

contribute to or mitigate               
disproportionate environm5tal h>ms to   
communities ( color or indig5\s peoples1
 or o!r =ms ( environm5tal racism1      
includ+--  7,a7 bank activities1 includ+
 f9anc+1 facilitation1 & inve/m5t 9 oil 
& gas extraction1 oil & gas ref9]ies1   
petro*emical plants & pipel9e projects  
locat$ 9 l[-income c5sus tracts1        
majority-m9ority c5sus tracts1 or on    
indig5\s l&s1 or = companies t build or 
op]ate ^! projects2  7,b7 f9anc+ =      
de=e/ation & m9+ on indig5\s l&s any:]e 
9 ! _w2  7,c7 impact on indig5\s p's    
rights ( any nature-bas$ (fsets pur*as$ 
by ! company2 &  7,d7 any inve/m5ts made
 or o!r actions tak5 by ! company to    
address & mitigate previ\s f9anc+ (     
environm5tal racism1 includ+ b n limit$ 
to ef=ts made to secure ,free ,prior &  
,in=m$ ,cons5t2 ef=ts made to comp5sate 
impact$ individuals liv+ 9 close        
proximity to f9anc$ oil & gas facilities
 or projects2 & funds = site cleanup2   
7#ae7 ! company's inve/m5ts 91 p>tn]%ips

 )1 & support provid$ to m9ority        
depository in/itutions & community      
developm5t f9ancial in/itutions2  7#af7 
! company's bank activities1 includ+    
f9anc+1 facilitation & inve/m5ts 91 &   
use ( artificial intellig5ce1 includ+-- 
7,a7 analysis ( b5efits & risks pos$ to 
consum]s1 %>ehold]s1 climate1 !         
company's employees & ! m>kets1 g5]ally1
 by su* inve/m5ts & use2 &  7,b7 h[ any 
su* risks are id5tifi$ & mitigat$ by !  
company1 includ+ pr$eploym5t te/+1      
transp>5cy reports1 r$ team+1 or        
security /ress te/+2  7#ag7 any m]g] or 
acquisition t 0 complet$ 9 ! previ\s    
ye>1 includ+-- 7,a7 a description ( h[  
ea* m]g] or acquisition affect$ !       
company's size & complexity2  7,b7 an   
acc\nt ( ! retail bran* closures t      
result$ f ! m]g] or acquisition2  7,c7 a
 description ( any regional m>kets t    
exp]i5c$ a *ange 9 m>ket conc5tration1 z
 measur$ by ! ,h]f9dahl-,hirs*man       
,index1 result+ f ! m]g] or acquisition2
  7,d7 a description ( any regional     

m>kets t exp]i5c$ a *ange 9 ! company's 
regional %>e ( deposits result+ f ! m]g]
 or acquisition2  7,e7 a li/ ( ,f$]al or
 ,/ate gov]nm5t ag5cies t approv$ !     
transaction2 &  7,f7 a description ( any
 conditions plac$ by a ,f$]al or ,/ate  
gov]nm5t ag5cy on ! company :5 !        
transaction 0 approv$2 &  7#ah7 a       
comp>ison ( h[ ! company's responses to 
p>agraphs 7#a7 ?r\gh 7#af7 h *ang$ ov] !
 la/ #aj ye>s4  7c7 ,public availability
 ( reports ,! ,bo>d %all make ! reports 
receiv$ "u ?is section available to !   
public1 includ+ on ! website ( ! ,bo>d4 
7d7 ,global sy/emically important bank  
hold+ company def9$ ,9 ?is section1 !   
t]m global sy/emically important bank   
hold+ company means a global sy/emically
 important bank hold+ company1 z su* t]m
 is def9$ "u section #bag4djb ( title   
#ab1 ,code ( ,f$]al ,regulations4  4