Bank regulators could not base oversight on a bank’s risk of bad publicity. They would also have to make rules fit different banks’ size, business model, and risk level.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
FIRM Act is a Senate bill waiting for floor action. The latest recorded action: Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
Latest action on S. 875: Placed on Senate Legislative Calendar under General Orders. Calendar No. 32.
Who this affects: This bill mainly affects banks, credit unions, and the federal agencies that supervise them. Community banks could see less paperwork if they qualify for the Community Bank Leverage Ratio. Federal regulators would have less room to act based on public backlash or bad press. Customers and lawful businesses in controversial industries could be affected if banks feel less pressure to avoid them.
Why this matters: This bill could change how regulators spot and respond to problems at banks. It would push oversight toward measurable financial and operating risks, and away from public opinion or bad press. That could make regulation more predictable for banks. It could also limit a tool regulators may use when public reports point to possible misconduct before losses show up.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
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Officially: FIRM Act
Bank regulators could not base oversight on a bank’s risk of bad publicity. They would also have to make rules fit different banks’ size, business model, and risk level.
Use this page to support, oppose, or ask Congress to amend S.875. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
floor_pending
Your representatives are deciding where they stand. A few messages can tip the balance.
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This bill is moving through Congress right now — your representative needs to hear from you.
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Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Senate Floor Vote
Voted on by Senate
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 32. (3/18/2025)
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your senators when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to FIRM Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (floor pending), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around S.875, your stance, and the reasons you choose, then lets you edit and send when ready.
