HR 3380 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill requires federal agencies that oversee banks and other financial institutions to adjust their rules and oversight based on each institution's specific risks and business model, rather than using the same approach for everyone. The agencies must also report to Congress about what they are doing to reduce unnecessary burdens on these institutions. The bill applies to new rules and regulations made in the past 15 years, reduces some reporting requirements for smaller community banks, and requires banking agencies to report on how they are updating their supervision methods and training.
Introduced
May 14, 2025
Policy Area
Finance and Financial Sector
Your Vote
Discussion (0)
Explain what is at stake in this bill.
Sign in to join the discussion.
No comments yet. Be the first.