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Financial Institution Regulatory Tailoring Enhancement Act
H. R. 3230 To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.
Summary
This bill increases the asset threshold from $10 billion to $50 billion at which financial institutions become subject to certain federal regulatory requirements. The threshold changes apply to multiple areas of banking regulation, including Consumer Financial Protection Bureau supervision, restrictions on proprietary trading under the Volcker Rule, qualified mortgage requirements, and leverage and risk-based capital requirements. The effect is that financial institutions with $10 billion to $50 billion in assets would no longer be subject to these specific regulatory requirements. The bill was reported from the Committee on Financial Services in June 2025.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Barr, Andy [R-KY-6] (R-KY)
2 cosponsors
Money behind the sponsor
Top reported contributors to Andy Barr’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $274,323
- BANC OF CALIFORNIA $60,083
- APOLLO GLOBAL MANAGEMENT $32,200
- BLACKSTONE $28,900
- WELLS FARGO $23,366
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Andy Barr → · Outside spending →
Actions (6)
- Jun 20, 2025 Placed on the Union Calendar, Calendar No. 132. · house
- Jun 20, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-165. · house
- May 21, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23. · house
- May 21, 2025 Committee Consideration and Mark-up Session Held · house
- May 7, 2025 Referred to the House Committee on Financial Services. · house
- May 7, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (2)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
May 7, 2025
Mr. Barr (for himself and Mr. Meuser) introduced the following bill; which was referred to the Committee on Financial Services
June 20, 2025
Additional sponsor: Mr. Sessions
June 20, 2025
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on May 7, 2025]
A BILL
To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Financial Institution Regulatory Tailoring Enhancement Act”.
SEC. 2. INCREASED ASSET THRESHOLDS.
(a) Bureau Supervision.—The Consumer Financial Protection Act of 2010 is amended—
(1) in section 1025(a) (12 U.S.C. 5515(a)), by striking “$10,000,000,000” each place it occurs and inserting “$50,000,000,000”; and
(2) in section 1026(a) (12 U.S.C. 5516(a)), by striking “$10,000,000,000” each place it occurs and inserting “$50,000,000,000”.
(b) Volker Rule Requirements.—Section 13(h)(1)(B)(i) of the Bank Holding Company Act of 1956 (12 U.S.C. 1851(h)(1)(B)(i)) is amended by striking “$10,000,000,000” and inserting “$50,000,000,000”.
(c) Qualified Mortgage Requirements.—Section 129C(b)(2)(F)(i) of the Truth in Lending Act (15 U.S.C. 1639c(b)(2)(F)(i)) is amended by striking “$10,000,000,000” and inserting “$50,000,000,000”.
(d) Leverage and Risk-based Capital Requirements.—Section 201(a)(3)(A) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (12 U.S.C. 5371 note) is amended by striking “$10,000,000,000” and inserting “$50,000,000,000”. Union Calendar No. 132
119th CONGRESS
1st Session
H. R. 3230
[Report No. 119-165]
A BILL
To increase the asset thresholds at which financial institutions become subject to certain requirements, and for other purposes.
June 20, 2025
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
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