Latest action: Placed on the Union Calendar, Calendar No. 480.
Committee has approved the bill (usually with amendments) and sent it back to the full chamber.
The committee voted to send the bill to the floor of the full chamber. The Speaker of the House schedules a floor vote.
Next: Passed One Chamber
The other chamber (Senate or House) repeats the committee + floor-vote process
Bill adjusts banking rules to help smaller community banks operate with less burden.
The problem
Community banks face expensive regulatory requirements designed for large banks, making it hard for them to compete and serve local areas.
The proposal
The bill reduces certain regulatory requirements and oversight rules for banks below a specific asset size, allowing them to follow simpler standards.
The impact
Community banks get relief from compliance costs. Customers may see changes in services. Regulators have less oversight of these institutions. Financial system risk allocation shifts.
Community banks can reduce expensive compliance spending and redirect resources to lending and local services. This levels the playing field against large national banks that can afford extensive compliance departments.
Smaller banks often lend to local businesses and farmers who might not qualify for big bank loans. Reducing their regulatory burden helps them make more community loans.
With fewer reporting requirements, community banks can make lending decisions more quickly and efficiently, helping local borrowers get money when they need it.
Lower compliance costs may allow community banks to offer better rates and lower fees to their customers.
Reducing regulatory requirements means banking regulators have fewer chances to catch risky behavior before it causes problems. This could increase failure risk at smaller banks.
Some consumer protections and disclosure rules might not apply to these banks anymore. Customers could have less information about their accounts and risks.
If community banks take on more risk without proper oversight, failures could hurt depositors and communities. This happened before in past banking crises.
Different size banks following different rules creates complexity and possible unfair advantages for banks just under the size threshold.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
Where their individual donors work · 2026 cycle
Money from people who work there, not from the company. Not tied to this bill.
Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
Senate LDA lobbying disclosures
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