Senator Katie Britt and colleagues request a review of the bank supervisory process to address identified shortcomings.
Quiver AI Summary
U.S. Senator Katie Britt (R-Ala.) has led a bipartisan group of 10 Republican Senate colleagues in requesting a review of the Federal Reserve, OCC, and FDIC's Matters Requiring Attention (MRA) supervisory process. The letter addresses concerns about the process's lack of structure and transparency, citing examples from the failure of Silicon Valley Bank.
The senators point out that while MRAs are essential tools for promoting financial stability, their inconsistent application can lead to confusion among financial institutions. They urge regulators to assess the MRA framework amid discrepancies highlighted by recent banking failures.
In their letter, the senators stress the importance of ensuring that the MRA process aids in effective supervision rather than becoming a mere checkbox exercise. They emphasize the need for improved clarity and accountability in regulations surrounding bank supervision and management.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Katie Boyd Britt Net Worth
Quiver Quantitative estimates that Katie Boyd Britt is worth $4.7M, as of August 6th, 2025. This is the 154th highest net worth in Congress, per our live estimates.
Britt has approximately $1.4M invested in publicly traded assets which Quiver is able to track live.
You can track Katie Boyd Britt's net worth on Quiver Quantitative's politician page for Britt.
Katie Boyd Britt Bill Proposals
Here are some bills which have recently been proposed by Katie Boyd Britt:
- S.2636: A bill to prohibit individuals who are not citizens of the United States from voting in elections in the District of Columbia and to repeal the Local Resident Voting Rights Amendment Act of 2022.
- S.2544: GUARD Act
- S.2352: PROTECTED Act
- S.1885: Stop the Scroll Act
- S.1750: Poarch Band of Creek Indians Parity Act
- S.1667: Homeless Children and Youth Act of 2025
You can track bills proposed by Katie Boyd Britt on Quiver Quantitative's politician page for Britt.
Katie Boyd Britt Fundraising
Katie Boyd Britt recently disclosed $779.5K of fundraising in a Q2 FEC disclosure filed on July 12th, 2025. This was the 69th most from all Q2 reports we have seen this year. 79.2% came from individual donors.
Britt disclosed $207.4K of spending. This was the 254th most from all Q2 reports we have seen from politicians so far this year.
Britt disclosed $5.1M of cash on hand at the end of the filing period. This was the 46th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Katie Boyd Britt's fundraising on Quiver Quantitative.
