To require the Federal financial institutions regulatory agencies to take risk profiles and business models of institutions into account when taking regulatory actions, and for other purposes.
Sponsors
Legislative Progress
ReportedAdditional sponsor: Mr. Downing
Reported with an amendment, committed to the Committee of the …
Mr. Loudermilk introduced the following bill; which was referred to …
Summary
What This Bill Does
Requires all federal banking regulators (OCC, Fed, FDIC, NCUA, CFPB) to tailor regulations based on each institutions risk profile and business model. Mandates consideration of aggregate regulatory burden on smaller institutions.
Who Benefits and How
Community banks and credit unions benefit from reduced regulatory burden appropriate to their lower-risk business models. Small financial institutions save compliance costs by avoiding one-size-fits-all regulations.
Who Bears the Burden and How
Federal banking regulators must develop tailored approaches for different institution types. Large complex banks may face continued strict oversight while simpler institutions get relief.
Key Provisions
- Mandates risk-based tailoring for all banking regulations
- Requires regulators to consider aggregate compliance burden
- Applies to OCC, Fed, FDIC, NCUA, and CFPB
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Requires federal banking regulators to tailor regulations based on institution risk profiles and business models
Policy Domains
Legislative Strategy
"Reduce regulatory burden on smaller financial institutions"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "regulators"
- → Federal financial institutions regulatory agencies
Key Definitions
Terms defined in this bill
OCC, Fed, FDIC, NCUA, and CFPB
any proposed, interim, or final rule or regulation
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology