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Increased Regulatory Thresholds for Financial Institutions

This act raises the asset thresholds at which banks and other financial institutions become subject to certain regulations. This means smaller banks will have fewer regulatory obligations, potentially impacting the availability of loans and financial services.
Key points
Increases the asset threshold from $10 billion to $50 billion for Consumer Financial Protection Bureau supervision.
Smaller banks will face fewer requirements related to the Volcker Rule, qualified mortgages, and capital requirements.
This could make it easier for smaller financial institutions to operate, potentially increasing competition and service availability.
article Official text account_balance Process page
Placed on Calendar
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3230
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2025-05-07
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Financial Institution Regulatory Tailoring Enhancement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3230.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-07.

What are the main provisions?

Key points include:

  • Increases the asset threshold from $10 billion to $50 billion for Consumer Financial Protection Bureau supervision.
  • Smaller banks will face fewer requirements related to the Volcker Rule, qualified mortgages, and capital requirements.
  • This could make it easier for smaller financial institutions to operate, potentially increasing competition and service availability.
What is the specific legal status?

The current status is Placed on Calendar.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Barr, Andy [R-KY-6].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 132.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Economy