Congress pushes regulators to streamline approvals for new banks and credit unions
The American Access to Banking Act passed the House in May 2026 and is now in the Senate. It is currently stalled because the Senate Committee on Banking, Housing, and Urban Affairs has not taken any action on the bill since May 20, 2026. Most bills that reach this stage do not move forward unless the Senate decides to schedule them for a vote.
No action since May 2026
How this policy affects specific groups of people
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178).
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178).
The House fast-tracked this bill — limited debate, no amendments allowed, but needs two-thirds support to pass.
Considered as unfinished business. (consideration: CR H3645)
On Motion to Suspend the Rules and Pass, as Amended
Overview of H.R. 4544’s requirements for regulators to streamline de novo bank/credit union applications, reduce duplicative info requests, and provide applicant caseworkers plus mentorship/outreach programs.
Reports the committee advanced several bills, including H.R. 4544 (American Access to Banking Act), and summarizes the set of measures supported by the credit union trade group.
Preview of the House Financial Services Committee markup agenda that includes H.R. 4544; frames the bill among other items the trade group says would provide regulatory relief for credit unions.
No related bills recorded for this bill yet.
Document Type
Congressional Bill
Official Title
American Access to Banking Act
Analysis generated by AI. Always verify with official sources.