Federal regulators could no longer use bad publicity risk when they review banks or credit unions. They would have to remove that idea from rules, exams, ratings, and enforcement actions. The terrorism-related carveout would still let regulators consider some unlawful activity.
Modern Action shows what the legislation would change, 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 House bill waiting for floor action. The latest recorded action: Placed on the Union Calendar, Calendar No. 131.
Latest action on H.R. 2702: Placed on the Union Calendar, Calendar No. 131.
Who this affects: This bill mainly affects banks, credit unions, and the federal agencies that supervise them. It could also affect legal businesses and customers that worry banks may cut them off because they are controversial or unpopular. It may matter for people who think regulators should focus only on clear financial and legal risks. It may also matter for those who think public trust problems can become real safety problems for banks.
Why this matters: This bill matters because it would change what federal regulators may consider when they judge banks and credit unions. Today, regulators may look at whether a bank’s business choices could harm its public trust. This bill would take that tool away for most cases. Supporters may see that as protection from political pressure. Critics may see it as a limit on regulators’ ability to spot problems before they become financial trouble.
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.
Keep acting on Modern Action
Compare the broader issue and related bills without leaving Modern Action.
Officially: FIRM Act
Federal regulators could no longer use bad publicity risk when they review banks or credit unions. They would have to remove that idea from rules, exams, ratings, and enforcement actions. The terrorism-related carveout would still let regulators consider some unlawful activity.
Use this page to support, oppose, or ask Congress to amend H.R.2702. Modern Action shows what the bill would change, 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.
↓ Why your message matters here
This bill is moving through Congress right now — your representative needs to hear from you.
Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.
The debate
Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
House Floor Vote
Voted on by House
Latest: Placed on the Union Calendar, Calendar No. 131. (6/20/2025)
Passed House
Approved by House
Senate Review
Sent to Senate 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 House representative 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 would do, 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 H.R.2702, your stance, and the reasons you choose, then lets you edit and send when ready.
