US HB6550

Requires the Federal Reserve Board, Office of the Comptroller of the Currency, and FDIC to include in their annual reports detailed descriptions of their interactions with global financial regulatory or supervisory forums

Mandates disclosure of forum memberships, funding sources, organizational structures, staff oversight responsibilities, positions taken by U.S. representatives, meeting summaries, and adopted policies/standards

Requires agencies to provide economic impact analyses and justifications for implementing international forum agreements, demonstrating expected benefits outweigh costs related to economic, national security, or financial stability interests

Defines covered global forums to include the Bank for International Settlements, Basel Committee on Banking Supervision, Financial Stability Board, International Association of Insurance Supervisors, and Network of Central Banks and Supervisors for Greening the Financial System

Expands Federal Reserve biannual congressional testimony requirements to include discussion of interactions with global financial regulatory forums