HUMPS Act of 2025
Banking: Standardizing Bank Health Ratings
The HUMPS Act of 2025 has been approved by the House Financial Services Committee and is now waiting for further action on the House floor. It is currently moving forward through the legislative process. There are no other scheduled actions at this time.
Legislative Progress
The bill has cleared a major House committee hurdle but still needs to pass the full House and find support in the Senate where banking regulations face more debate.
Key Points
- This bill changes how the government grades the health of banks. Currently, regulators use a system called CAMELS to measure things like cash on hand and management quality. The bill aims to make these grades more objective and less dependent on an individual examiner's personal opinion.
- The Management part of the grade would be either removed or strictly limited to measurable facts. This prevents regulators from punishing banks based on subjective views of how a bank is run, focusing instead on whether the bank is actually safe and has enough money to stay in business.
- Banks would see more transparency in how their final scores are calculated. These scores are important because they determine how much a bank pays for federal deposit insurance and whether they are allowed to merge with other banks or expand their business operations.
- The new rules would also ensure that bank ratings specifically include how well a bank is following laws meant to stop money laundering and terrorist financing. This keeps a focus on legal compliance alongside financial stability.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Placed on the Union Calendar, Calendar No. 136.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-170.
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
HUMPS Act of 2025
Data Sources
Sponsor
Analysis generated by AI. Always verify with official sources.