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S 2190118th CongressFailed / ExpiredSenate

RECOUP Act of 2023

Policy Area: Finance and Financial Sector
View on Congress.gov
Origin Chamber
Senate
Last Updated
May 27, 2026
Latest Action Date
May 16, 2024

Latest Action

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Official Summary

Official summary has not been imported yet.

GovScope Watchdog™

AI Government Intelligence™
Executive Summary

The RECOUP Act of 2023 is a Senate bill introduced in the 118th Congress related to the Finance and Financial Sector policy area. The bill has no publicly available official summary or full text, limiting detailed analysis. The latest recorded action was a hearing held by the Senate Committee on Banking, Housing, and Urban Affairs on May 16, 2024. The bill ultimately failed or expired without further legislative progress.

Bottom Line

The RECOUP Act of 2023 was considered by the Senate Banking Committee but did not advance beyond hearings and ultimately failed or expired during the 118th Congress.

Policy Risk Level
🟡 Medium
Neutral Risk Assessment
Key Points
  • The bill is designated S.2190 and was introduced in the Senate during the 118th Congress.
  • It falls under the Finance and Financial Sector policy area, indicating a focus on financial regulation or economic policy.
  • The latest legislative action was a committee hearing on May 16, 2024, with no subsequent progress recorded.
Who Benefits?

Due to the absence of bill text and summary, specific beneficiaries cannot be identified. Generally, legislation in the Finance and Financial Sector area may impact financial institutions, regulators, consumers, or related industries.

Potential Concerns

Without the full bill text or summary, potential concerns related to implementation, cost, authority, or oversight cannot be assessed. The lack of publicly available details limits evaluation of policy tradeoffs or risks.

Political Context

The bill was introduced and considered during the 118th Congress and was referred to the Senate Committee on Banking, Housing, and Urban Affairs. The committee held hearings but the bill did not advance further and is recorded as failed or expired as of May 27, 2026.

Hidden Impact Review

Hidden impact flags detected: 2

GovScope reviewed 2 policy-risk categories. Hover for a quick definition. Click detected flags for bill-specific details.

2 Detected
Detected Flags
Indirect Effects

Due to the lack of detailed content, indirect effects cannot be identified or analyzed from the available information.

GovScope Watchdog Notes

The absence of an official summary and full bill text significantly limits transparency and public oversight. This lack of accessible information restricts the ability of stakeholders and the public to evaluate the bill's intent, scope, and potential consequences.

Passage Likelihood: LowConfidence: 40%Model: gpt-4.1-mini

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