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Federal Banking Agencies Required to Consider Economic Growth in Supervision

This bill amends the Federal Credit Union Act, the Federal Deposit Insurance Act, the Revised Statutes, and the Federal Reserve Act. It requires federal banking agencies to consider economic growth when conducting supervisory functions. Specifically, for the Federal Reserve, economic growth is added to the mandate alongside moderate long-term interest rates.
Key points
Federal banking agencies must take economic growth into account when conducting supervisory functions.
The National Bank Act is amended to include economic growth alongside safety and soundness.
The Federal Reserve Act is amended to include economic growth alongside moderate long-term interest rates.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6838
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2025-12-18
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To amend the Federal Credit Union Act, the Federal Deposit Insurance Act, the Revised Statutes, and the Federal Reserve Act to require Federal banking agencies to consider economic growth when conducting supervisory functions.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6838.

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 2025-12-18.

What are the main provisions?

Key points include:

  • Federal banking agencies must take economic growth into account when conducting supervisory functions.
  • The National Bank Act is amended to include economic growth alongside safety and soundness.
  • The Federal Reserve Act is amended to include economic growth alongside moderate long-term interest rates.
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: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

CATEGORIES

Economy