HR 3230
Advanced toward a vote
Raises from $10 billion to $50 billion the asset size at which banks and other financial institutions become subject to certain federal consumer-protection, trading, mortgage, and capital requirements.
Official title: Financial Institution Regulatory Tailoring Enhancement Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
07-MAY-2025
Referred
07-MAY-2025
Approved by committee
21-MAY-2025
Reported
20-JUN-2025
On the calendar
20-JUN-2025
- Increases the asset threshold for Consumer Financial Protection Bureau supervision of large banks and nonbank institutions from $10 billion to $50 billion
- Raises the threshold for Volcker Rule requirements under the Bank Holding Company Act from $10 billion to $50 billion
- Raises the threshold for qualified mortgage requirements under the Truth in Lending Act from $10 billion to $50 billion
- Raises the threshold for leverage and risk-based capital requirements under the Economic Growth, Regulatory Relief, and Consumer Protection Act from $10 billion to $50 billion
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (07-MAY-2025); the text has changed since (Reported in House, 20-JUN-2025).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Financial Services Committee (House)
Finance and Financial Sector
■ 2 R
2 Republicans