1. Short title This Act may be cited as the Systemic Risk Authority Transparency Act . 2. Systemic risk provisions (a) GAO review Section 13(c)(4)(G)(iv) of the Federal Deposit Insurance Act ( 12 U.S.C. 1823(c)(4)(G)(iv) ) is amended to read as follows: (iv) GAO Review The Comptroller General of the United States shall, not later than later than 60 days after a determination is made under clause (i), and again 180 days thereafter, review and report to the Congress on the determination under clause (i), including— (I) the basis for the determination; (II) the purpose for which any action was taken pursuant to such clause; (III) the likely effect of the determination and such action on the incentives and conduct of insured depository institutions and uninsured depositors; (IV) any mismanagement by the executives and board of the insured depository institution that contributed to the failure of the insured depository institution; (V) a review of the compensation practices of the insured depository institution; (VI) any supervisory or regulatory shortcomings with respect to the primary Federal banking regulators of the insured depository institution; (VII) any actions taken by the Federal banking regulators, Financial Stability Oversight Council, Treasury Department, and other relevant financial regulators in relation to the bank’s failure