PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 132.
Congressional Research Service
Version 00 · Introduced in House · May 7, 2025
Financial Institution Regulatory Tailoring Enhancement Act
This bill limits the regulations applicable to certain financial institutions by increasing several different asset levels.
The bill raises the asset level above which insured depository institutions and credit unions become subject to supervision by the Consumer Financial Protection Bureau for purposes of compliance with consumer financial laws and for risk assessments of products and services.
The bill raises the asset level above which banks must comply with the Volcker Rule, which prohibits banks from proprietary trading and having an ownership interest in private funds.
The bill raises the asset level below which financial institutions must comply with less prescriptive ability-to-repay determinations for residential mortgages.
Finally, the bill raises the asset level below which certain depository institutions and depository institution holding companies qualify as community banks and are therefore subject to a simplified leverage ratio.
People & committees
Rep. Barr, Andy [R-KY-6] · R–KY
Legislative record
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Placed on the Union Calendar, Calendar No. 132.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-165.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-165.
Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Oct 7, 2026. Consult Congress.gov for the current record.
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