Bills · HR 6544
REPORTED· 119TH CONGRESS
House BillHR 6544Credit and credit marketsGovernment studies and investigations
REVIEW Act of 2025
INTRO DEC 9· LAST ACTION FEB 25
READING
4MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because financial regulations deeply influence the daily economic lives of Americans. More frequent and in-depth reviews of these rules could lead to significant changes in how financial institutions operate, which might, in turn, affect the cost and availability of things like mortgages, small business loans, and bank accounts. For example, if agencies identify and remove outdated or overly burdensome regulations, it could potentially lower costs for financial institutions, possibly leading to lower fees or better access to credit for consumers and businesses. Conversely, some argue that extensive deregulation could inadvertently create new risks for financial stability or consumer protection.
The bill aims to ensure that regulations are efficient, necessary, and not unduly hindering economic activity, while still maintaining a safe and sound financial system. By requiring agencies to quantify costs and propose streamlining, it seeks to balance regulatory goals with economic impacts. Therefore, the outcome of these reviews could shape the future accessibility and stability of the U.S. financial system for everyone.
KEY PROVISIONS
4AI-extractedPROVISION 01
Changes the frequency of mandated regulatory reviews from once every 10 years to once every 7 years.
This ensures that federal financial regulations are evaluated more frequently, potentially making them more responsive to current economic conditions.
PROVISION 02
Expands the scope of agencies required to conduct these reviews to all 'Federal financial institutions regulatory agencies,' rather than just 'appropriate Federal banking agencies.'
This means a broader range of financial regulators will be subject to the review requirements, covering more of the financial sector.
PROVISION 03
Requires each agency to conduct a new internal review of the cumulative impact of its regulations on consumers' access to financial products, firms' availability of services, credit availability, and financial market liquidity.
This provision mandates a deeper, more specific analysis of how regulations, taken together, affect various parts of the economy and people's lives.
PROVISION 04
Mandates that internal reviews assess the balance of benefits and costs of regulations and include recommendations to streamline, simplify, or eliminate duplicative, outdated, and unnecessarily burdensome regulations.
This aims to actively reduce regulatory burdens and improve efficiency by requiring agencies to propose concrete changes.
SPONSORSHIP
1 + 0
R· South Carolina
YRS IN OFFICE
7
BILLS LED
14
ACTION TIMELINE
7 EVENTSFEB 25
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527.
FEB 25
Placed on the Union Calendar, Calendar No. 452.
DEC 17
Committee Consideration and Mark-up Session Held
DEC 17
Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23.
BILL INFO
TypeHouse Bill
NumberHR 6544
Congress119th
StatusReported
IntroducedDec 9, 2025
Last actionFeb 25, 2026
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REPORTED· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED DEC 9, 2025
House BillHR 6544Credit and credit marketsGovernment studies and investigations
REVIEW Act of 2025
INTRODUCED DEC 9, 2025· LAST ACTION FEB 25, 2026
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
0
COMPLEXITY
Moderate
