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Congress·Reported·9 months ago

House Committee Advances Bill to Shield Mid-Size Banks From Key Federal Rules, Raising Asset Threshold to $50B

Also known as: Financial Institution Regulatory Tailoring Enhancement Act

Legislative Progress

✓ Filed
Review
House
Senate
President

Impacts

Mixed Impacts(3)
Housing Assistance
Neutral
Homeowner
Neutral
Renter
Neutral

Key Points

  • Raises the cutoff for some major bank rules from $10 billion in assets to $50 billion.
  • Banks under $50 billion would face less direct oversight from the federal consumer finance watchdog.
  • Banks under $50 billion would also be exempt from certain trading limits, mortgage rule requirements, and some capital-related requirements tied to the old $10 billion line.
  • This mainly affects mid-sized banks and credit providers; customers may see fewer compliance-driven changes, but it could also reduce some protections and checks on risk at those firms.
Consumer ProtectionTaxesEconomy

Milestones

3 milestones6 actions
Jun 20, 2025House

Placed on the Union Calendar, Calendar No. 132.

Jun 20, 2025House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-165.

May 21, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.

May 21, 2025House

Committee Consideration and Mark-up Session Held

May 7, 2025House

Referred to the House Committee on Financial Services.

What Happens Next

Projected impacts based on AI analysis

Right after the law takes effect (often upon enactment unless a delayed date is written)

If Congress passes the bill and the President signs it, the $50B thresholds replace the $10B thresholds in the listed laws.

Mid-size banks between $10B and $50B assets would stop being pulled into these specific rule sets just because they cross $10B, which can change how your bank is supervised and how some loans are made.

Within months after enactment

Federal regulators update guidance, exam plans, and internal procedures to reflect the higher $50B thresholds.

You may see changes in how quickly complaints get escalated, how often your bank is examined under certain programs, and which banks get reviewed under the stricter frameworks tied to the old $10B line.

Related News

2 articles
ABA Banking Journal·9 months ago

House committee advances multiple banking-related bills

Coverage of House Financial Services Committee advancing H.R. 3230, which raises multiple regulatory thresholds from $10B to $50B (CFPB supervision, Volcker Rule, qualified mortgage standards, certain capital/leverage requirements).

CR+
America's Credit Unions·9 months ago

Regulatory relief bills pass House Financial Services Committee

Trade-association recap noting H.R. 3230 advanced in committee; highlights the $10B→$50B threshold change across several banking and consumer-finance regulatory regimes.

CR+

Source Information

Document Type

Congressional Bill

Official Title

Financial Institution Regulatory Tailoring Enhancement Act

Bill NumberHR 3230
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 132.

Sponsor

Cosponsors

(2)
R: 2

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.