Analyses / Procedural Viability Check / 119 · HR 3716 Procedural Viability Check

119-HR-3716 DC Insider Procedural Viability Check

119 · HR 3716 Systemic Risk Authority Transparency Act

account_balance_wallet Finance and Financial Sector
Systemic Risk Authority Transparency Act This bill requires banking regulators to submit a report to Congress in the event of the failure of an insured depository institution that leads to a systemic...
Procedural read

H.R. 3716 cleared the House on Dec 1 by voice under suspension after a 51–0 committee markup; with Republicans controlling the White House and a 53–seat Senate where Banking Chair Tim Scott can move a low‑cost oversight bill, this is viable as a hotline/UC or as a rider to NDAA/remaining FY26 vehicles. Composite score: 4/5. [1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov[2]U.S. Senate — U.S. Senate: Party Division — 119th Congress[3]Senate Banking Committee (Majority) — Scott Announces Banking Committee Priorit…[4]Library of Congress — S.2296 — FY26 NDAA status page | Congress.gov

51Yeas (0 Nays)
House committee markup
2/3 threshold (suspension, cleared by voice)
House floor
53of 100
Senate GOP seats
0.5<$0.5M 10‑yr cost
CBO prior iteration
Analyzed as
DC Insider
Published
02 Dec 2025
Updated
02 Dec 2025
Tags
procedural-viability · banking · FDIC
Unvetted
01 · Section

H.R. 3716 — Viability snapshot (as of Dec 2, 2025)

  • Status: Passed House on Dec 1 under suspension by voice vote; earlier reported 51–0 out of House Financial Services. [1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov
  • Chamber control: GOP holds White House, Senate (53 seats), and House. Senate GOP leadership under Majority Leader John Thune. [5]Al Jazeera — Donald Trump sworn in as 47th US president (photo/report)[2]U.S. Senate — U.S. Senate: Party Division — 119th Congress[6]Office of Sen. John Thune — Thune Elected Republican Leader (press release)
  • Gatekeepers: Senate Banking chaired by Tim Scott; House Financial Services chaired by French Hill. [3]Senate Banking Committee (Majority) — Scott Announces Banking Committee Priorit…[7]House Financial Services (Republicans) — Chairman French Hill | House Financial…
  • Bill type/substance: Oversight/transparency around FDIC systemic‑risk determinations; includes FOIA/privilege protections and timed GAO/regulator reports. [8]Library of Congress — H. Rept. 119-206 — Systemic Risk Authority Transparency A…
  • Budget: Prior iteration scored by CBO at “less than $500k” across agencies; current Congress.gov shows a CBO estimate posted. [9]Library of Congress — H. Rept. 118-614 — Systemic Risk Authority Transparency A…[1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov
02 · Section

Rubric scoring — Procedural viability (0–5)

Bottom line: not must‑pass, but it’s bipartisan, low‑cost, committee‑vetted, and aligns with the Senate majority’s oversight posture. Composite score: 4/5.

Factor Assessment Score
Chamber of Origin House‑originated but cleared under suspension (signals broad, low‑drama support). No known Senate companion needed given posture. [1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov 4
Vehicle Type Stand‑alone authorizing bill; can move by hotline/UC or ride a year‑end vehicle (e.g., NDAA). [4]Library of Congress — S.2296 — FY26 NDAA status page | Congress.gov 3
Senate Threshold Not reconciliation‑eligible; default 60‑vote/cloture. However, content is non‑controversial and amenable to UC if no holds under a GOP‑run Senate. [2]U.S. Senate — U.S. Senate: Party Division — 119th Congress 3
Committee Path Senate Banking (Chair Tim Scott) is aligned to conduct oversight; House path already unanimous in committee. [3]Senate Banking Committee (Majority) — Scott Announces Banking Committee Priorit…[1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov 4
Must‑Pass Potential Attach‑able to NDAA or remaining FY26 funding vehicles if floor time tight. [4]Library of Congress — S.2296 — FY26 NDAA status page | Congress.gov[10]House Appropriations Committee (Republicans) — House Appropriations Republicans… 3
Budget Scorekeeping De minimis costs historically (<$500k prior version); CBO posting exists for current bill—no PAYGO headwinds. [9]Library of Congress — H. Rept. 118-614 — Systemic Risk Authority Transparency A…[1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov 5
Calendar Math Post‑House passage in early December; Senate can hotline or ride NDAA/appropriations before year‑end clears. GOP leadership can schedule quickly. [4]Library of Congress — S.2296 — FY26 NDAA status page | Congress.gov[6]Office of Sen. John Thune — Thune Elected Republican Leader (press release) 4
03 · Section

Actionable path to passage

  1. Hotline/unanimous consent in Senate with Banking staff vetting any confidentiality tweaks (referencing existing FOIA/privilege language to neutralize holds). [8]Library of Congress — H. Rept. 119-206 — Systemic Risk Authority Transparency A…
  2. If any hold materializes, bundle as a noncontroversial title in the NDAA conference or as part of an end‑of‑year “mini‑bus/CR+extenders” package. [4]Library of Congress — S.2296 — FY26 NDAA status page | Congress.gov[10]House Appropriations Committee (Republicans) — House Appropriations Republicans…
  3. Maintain House posture: if Senate amends, accept by unanimous consent on return or queue for the next suspension calendar. [1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov
04 · Section

Key risks and mitigations

05 · Section

Coalition/whip math signals

  • House signal: unanimous committee vote (51–0) and voice vote on suspension indicate broad bipartisan comfort with the text. [1]Library of Congress — H.R.3716 — All Information (Except Text) | Congress.gov
  • Senate environment: GOP majority (53) with Majority Leader Thune and Banking Chair Scott can clear modest oversight bills; Democrats unlikely to expend capital against transparency with FOIA/privilege guardrails. [2]U.S. Senate — U.S. Senate: Party Division — 119th Congress[6]Office of Sen. John Thune — Thune Elected Republican Leader (press release)[3]Senate Banking Committee (Majority) — Scott Announces Banking Committee Priorit…
House committee markup
51Yeas (0 Nays)
House floor
2/3 threshold (suspension, cleared by voice)
Senate GOP seats
53of 100
CBO prior iteration
0.5<$0.5M 10‑yr cost
Key dates
20251201House passage (YYYYMMDD)
06 · Section

Composite viability score

4 out of 5 — strong bipartisan viability with a clean Senate path if staff neutralize CSI concerns; not must‑pass, but easy to attach if UC falters. No material budget or procedural barriers identified. [8]Library of Congress — H. Rept. 119-206 — Systemic Risk Authority Transparency A…[9]Library of Congress — H. Rept. 118-614 — Systemic Risk Authority Transparency A…

Sources cited
  1. [1] H.R.3716 — All Information (Except Text) | Congress.gov Library of Congress
  2. [2] U.S. Senate: Party Division — 119th Congress U.S. Senate
  3. [3] Scott Announces Banking Committee Priorities for the 119th Congress Senate Banking Committee (Majority)
  4. [4] S.2296 — FY26 NDAA status page | Congress.gov Library of Congress
  5. [5] Donald Trump sworn in as 47th US president (photo/report) Al Jazeera
  6. [6] Thune Elected Republican Leader (press release) Office of Sen. John Thune
  7. [7] Chairman French Hill | House Financial Services Committee House Financial Services (Republicans)
  8. [8] H. Rept. 119-206 — Systemic Risk Authority Transparency Act (report text with FOIA/privilege language) Library of Congress
  9. [9] H. Rept. 118-614 — Systemic Risk Authority Transparency Act (prior Congress) — CBO estimate excerpt Library of Congress
  10. [10] House Appropriations Republicans press release on Nov 12, 2025 funding package House Appropriations Committee (Republicans)

Discussion