S. 5681Senate119th Congress (2025-2027)In Committee

A bill to provide for the protection of the duties of the Inspector General of the Federal Housing Finance Agency.

Introduced September 30, 2026

AI-Generated Summary

Updated October 8, 2026 at 2:52 AM UTC

The bill seeks to protect the work of the Federal Housing Finance Agency’s Inspector General by ensuring that the costs of the office are set independently, without external influence. It does this by adding a new provision to the agency’s governing law that explicitly gives the Inspector General authority to determine the office’s expenses. Minor wording changes are also made to tidy up the statute.

Key Provisions

  • Amends the Federal Housing Enterprises Financial Safety and Soundness Act to add a new paragraph stating that the Inspector General’s expenses are to be determined independently by the Inspector General.
  • Makes minor punctuation edits to the existing statutory language (removing an "and" and adjusting a period).

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

September 30, 2026

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SenateIntro Referral

Introduced in Senate

September 30, 2026

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

September 30, 2026

Floor Debate

7 members

What members said about S. 5681 on the floor

3 Republicans4 Democrats
John Hoeven
Sen. John HoevenR-ND · Sep 30, 2026

Mr. President, I ask unanimous consent that the Committee on Energy and Natural Resources be discharged from further consideration of H.R. 2252 and the Senate proceed to the consideration of the…

Christopher A. Coons
Sen. Christopher A. CoonsD-DE · Sep 30, 2026

Mr. President, I wonder if you have heard the story of Jason Rezaian. Jason was a Washington Post reporter--an Iranian American--who was stationed in Tehran and reporting for the Washington Post on…

Catherine Cortez Masto
Sen. Catherine Cortez MastoD-NV · Sep 30, 2026

Mr. President, I rise today to pass my bill which would ensure the Federal Housing Finance Agency's inspector general can do its job to protect the integrity of our housing market. The inspector…

Martin Heinrich
Sen. Martin HeinrichD-NM · Sep 30, 2026

Mr. President, reserving the right to object, I am actually pretty sympathetic to the land management challenges in the West that have come from a history of public land disposal and development, but…

Bernie Moreno
Sen. Bernie MorenoR-OH · Sep 30, 2026

Mr. President, Reserving the right to object, this bill would amend the funding statute for the Federal Housing Finance Agency so that the expenses of the inspector general are collected through the…

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Charles E. Schumer
Sen. Charles E. SchumerD-NY · Sep 30, 2026

I announce that the Senator from Connecticut (Mr. Blumenthal), the Senator from Illinois (Mr. Durbin), the Senator from New York (Mrs. Gillibrand), the Senator from Minnesota (Ms. Smith), the Senator…

John Barrasso
Sen. John BarrassoR-WY · Sep 30, 2026

The following Senators are necessarily absent: the Senator from Tennessee (Mrs. Blackburn), the Senator from Texas (Mr. Cornyn), the Senator from Iowa (Ms. Ernst), the Senator from Kentucky (Mr.…

Bill Text

Latest available legislative text

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Introduced in SenateIssued September 30, 2026

II

119th CONGRESS

2d Session

S. 5681

IN THE SENATE OF THE UNITED STATES

September 30, 2026

Ms. Cortez Masto (for herself and Ms. Warren) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To provide for the protection of the duties of the Inspector General of the Federal Housing Finance Agency.

1.

Expenses of the Inspector General of the Federal Housing Finance Agency

Section 1316(a) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4516(a)) is amended—

(1)

in paragraph (3), by striking and at the end;

(2)

in paragraph (4), by striking the period at the end and inserting ; and; and

(3)

by adding at the end the following:

(5)

the expenses of the Inspector General of the Agency, as independently determined by the Inspector General.

.