119th Congress Finance and Financial Sector
H.R. 6544: REVIEW Act of 2025
Reported
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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Currently, these regulatory reviews must occur every 10 years to identify outdated or unnecessary regulations imposed on insured depository institutions.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.
Read the full summary
The bill also codifies the National Credit Union Administration’s inclusion in this review process.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Who scored on this bill
- 1William Timmons SponsorIntroduced, marked up, reported3 events+32
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Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by William Timmons
History
- Introduced in the House by William Timmons.
Show the full action history (7 actions)
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527.
- Placed on the Union Calendar, Calendar No. 452.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23.
- Committee Consideration and Mark-up Session Held
- Introduced in House
- Referred to the House Committee on Financial Services.