H.R. 3379 · On the floor · Finance and Financial Sector

HUMPS Act of 2025

Sponsor: Scott Fitzgerald (R-WI)

What it does

• Requires the Federal Financial Institutions Examination Council to recommend amendments to the CAMELS rating system to establish clear, objective criteria for assessing each component.
• Directs the Council to revise CAMELS factors to derive composite ratings that more accurately reflect financial institutions' financial condition and risk profile.
• Requires the Council to either eliminate or limit the management component of CAMELS to objective measures of governance and controls.
• Mandates that Federal financial institutions regulatory agencies jointly issue rules implementing the Council's recommendations within 12 months and provide a public comment period of at least 90 days.
• Amends the Bank Holding Company Act to strike references to the "S" (Sensitivity to market risk) component in the definition of "well managed" for bank holding companies.

Latest action

Jun 25, 2025: Placed on the Union Calendar, Calendar No. 136.

Committee: House Financial Services