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Study Ordered on Bank-Fintech Partnerships to Boost Community Banks.

This act mandates major financial regulators (Fed, FDIC, OCC) to study how collaboration between traditional banks and financial technology companies (fintechs) can strengthen community banks and support the creation of new banking organizations. The goal is to identify necessary regulatory changes that could speed up the introduction of innovative financial products and services. Citizens can expect that the results of this study will contribute to lower costs and improved quality of banking services in the future.
Key points
Federal regulators must study how technology can help community banks offer better and faster financial services.
The report will recommend changes to laws and rules to promote effective bank-fintech partnerships, potentially leading to greater innovation.
The study aims to support the stability and formation of new banks, increasing competition in the financial services market.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6552
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2025-12-10
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Bank-Fintech Partnership Enhancement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6552.

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 2025-12-10.

What are the main provisions?

Key points include:

  • Federal regulators must study how technology can help community banks offer better and faster financial services.
  • The report will recommend changes to laws and rules to promote effective bank-fintech partnerships, potentially leading to greater innovation.
  • The study aims to support the stability and formation of new banks, increasing competition in the financial services market.
What is the specific legal status?

The current status is Introduced.

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: Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

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