TAILOR Act of 2025
Banking: Tailoring Regulations for Small Banks
The TAILOR Act of 2025 has been approved by the House Committee on Financial Services and is now waiting for further action on the House floor. It is currently moving through the legislative process as it has been placed on the Union Calendar. There are no other companion bills currently linked to this legislation.
Legislative Progress
The bill has moved out of committee in the House, which is a good sign. However, it still needs to pass the full House and the Senate, where banking regulations often face more debate.
Key Points
- This bill requires federal agencies to change how they write rules for banks and credit unions. Instead of a one size fits all approach, regulators must look at how much risk a specific bank takes on before applying new rules.
- The goal is to reduce the cost and paperwork for smaller community banks that have simple business models. By lowering these burdens, these banks may have more flexibility to serve local customers and provide loans to their communities.
- Regulators would have to look back at all the rules they passed over the last 15 years. They would need to update those older rules to make sure they are not too hard on low risk financial institutions.
- The bill also simplifies the reports that many small banks have to file twice a year. This change is meant to save time and money for bank staff who currently spend many hours on government paperwork.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
Placed on the Union Calendar, Calendar No. 104.
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. 119-135.
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
TAILOR Act of 2025
Data Sources
Sponsor
Cosponsors
(1)Analysis generated by AI. Always verify with official sources.