Lets smaller, well-run banks and credit unions get fewer, faster government check-ups.
Today, federal agencies conduct regular, often full and separate, on-site examinations for financial institutions. This bill would let well-managed and well-capitalized banks and credit unions with $6 billion or less in assets get alternating limited check-ups and combine others. This aims to reduce the time and effort these smaller financial institutions spend on government examinations.
Today, federal agencies conduct regular, often full-scope and separate, on-site examinations for all financial institutions. After this bill, well-managed banks and credit unions with $6 billion or less in assets would alternate between full and limited check-ups and could combine different types of examinations. Additionally, all banks and credit unions under $6 billion would see changes in how examiners conduct on-site visits, aiming for more efficiency.
HR 4437 · 119th Congress · July 16, 2025 · AI Summary by gemini-2.5-flash · 10/10
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12 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.