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EconomyH.R. 6544Not Yet VotedComments

REVIEW Act of 2025

Official title: To require the Federal financial institutions regulatory agencies to review the cumulative impact of regulations issued by such agencies, and for other purposes.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, done
  3. Floor Vote, current stage
  4. Outcome, not yet

What This Bill Does

This bill increases the frequency and expands the scope of regulatory reviews conducted by federal financial agencies.

Currently, these regulatory reviews must occur every 10 years to identify outdated or unnecessary regulations imposed on insured depository institutions. The bill increases this frequency to every 7 years.

Additionally, the bill expands these reviews to include an internal review of the cumulative impacts of regulations, including an assessment regarding (1) access to financial products and services, (2) credit availability and market liquidity, and (3) costs and benefits of regulations with respect to financial safety and soundness and overall economic activity.

The bill also codifies the National Credit Union Administration’s inclusion in this review process.

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Related Documents

Timeline

  1. House floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-527.
  2. House committee actionsCommittee Consideration and Mark-up Session Held
  3. House committee actionsCommittee Consideration and Mark-up Session Held
  4. Library of CongressIntroduced in House
  5. House floor actionsReferred to the House Committee on Financial Services.
  6. Introduced
  7. Committee

Comments

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