Support legislation requiring the Treasury Department to study and report on cyber threats to financial institutions and capital markets.

Our bill also requires the Treasury to study and report on the risks of cyber threats to our financial institutions and capital markets.

Rounds supported a bill requirement for Treasury to study and report on cyber risks facing financial institutions and capital markets.

Rounds: Economic Growth, Regulatory Reli... | U.S. Senator Mike Rounds
secondary · other · model gpt-5.5

Question: On Passage of the Bill (S. 754, As Amended). Vote Result: Bill Passed. Measure: Cybersecurity Information Sharing Act of 2015. Rounds (R-SD), Yea.

Rounds voted for S.754, a cybersecurity information-sharing bill, during his first Senate term. This shows concrete support for cybersecurity legislation, but not the exact Treasury financial-sector study/report described in the claim.

partial same_term A for effort

U.S. Senate Roll Call Vote 114th Congress, Vote 291, S. 754
secondary · model gpt-5.5 · confidence 82%

Congress.gov records S.754 as passed by the Senate on October 27, 2015, by Yea-Nay Vote 74-21, Record Vote Number 291. The bill sought to improve cybersecurity through enhanced sharing of cybersecurity threat information.

The official bill record confirms the bill Rounds supported advanced in the Senate. Its subject was broad cyber-threat information sharing rather than a Treasury-specific study of financial institutions and capital markets.

partial same_term A for effort

Congress.gov: S.754 - Cybersecurity Information Sharing Act of 2015
secondary · model gpt-5.5 · confidence 80%

The bill defined appropriate Federal entities to include the Department of the Treasury and required procedures and reporting for cyber threat indicators and defensive measures shared with the federal government.

The text included Treasury in the group of federal entities involved in cyber-threat information sharing and reporting. This partially overlaps with the promise, but the text reviewed does not establish a Treasury study/report specifically on financial institutions and capital markets.

partial same_term A for effort

Congress.gov: Text of S.754 - Cybersecurity Information Sharing Act of 2015
secondary · model gpt-5.5 · confidence 78%

Question: Motion to Concur in the House Amendments to the Senate Amendment to H.R. 2029. Vote Result: Motion Agreed to. Rounds (R-SD), Yea.

Rounds voted for the final Senate motion on H.R.2029, the appropriations vehicle that became Public Law 114-113 and included the Cybersecurity Act of 2015. This supports partial fulfillment through broader enacted cyber legislation.

partial same_term A for effort

U.S. Senate Roll Call Vote 114th Congress, Vote 339, H.R. 2029
secondary · model gpt-5.5 · confidence 84%

Public Law 114-113 includes Division N, the Cybersecurity Act of 2015. Its table of contents includes Title I, Cybersecurity Information Sharing, and a Report on cybersecurity threats.

The enacted law contained cyber-threat reporting provisions, confirming that Rounds's final vote helped enact broader cybersecurity reporting law. It does not, in the reviewed text, match the narrower Treasury financial-institutions-and-capital-markets study requirement.

partial same_term A for effort

Public Law 114-113, Consolidated Appropriations Act, 2016
secondary · model gpt-5.5 · confidence 82%

Section 107 required heads of appropriate Federal entities to jointly submit to Congress a detailed report on implementation, and required inspectors general to submit biennial interagency reports on executive branch actions under the title.

This is the closest enacted reporting requirement found: cyber-threat implementation and compliance reports involving appropriate federal entities, including Treasury under the incorporated framework. It remains broader than the specific promise about Treasury studying and reporting on threats to financial institutions and capital markets.

partial same_term A for effort

Public Law 114-113, Consolidated Appropriations Act, 2016
secondary · model gpt-5.5 · confidence 79%