H.R. 7056 · On the floor · Finance and Financial Sector

Community Bank Regulatory Tailoring Act

What it does

Raises various statutory dollar thresholds in financial regulations and requires periodic future adjustments, expanding financial institutions' access to less stringent requirements.
Applies to asset thresholds used to regulate insured depository institutions, bank holding companies, credit unions, and other financial entities.
Raises thresholds for the Volcker Rule, limited routine community credit examinations of smaller institutions, FDIC orderly liquidation risk assessments, and home mortgage disclosures.
Requires the Federal Reserve Board every five years to set the ratio for raising the amounts, reflecting increases in U.S. gross domestic product.

Official summary

Community Bank Regulatory Tailoring Act This bill increases various statutory dollar amount thresholds applicable to financial regulations and requires periodic adjustments to such amounts in the future. By raising these thresholds, the bill expands the access of financial institutions to less stringent requirements. The adjustments apply to several asset thresholds used to regulate insured depository institutions, bank holding companies, credit unions, and other financial entities. Thresholds that are increased under this bill include those applicable to the Volcker Rule, which prohibits certain larger banking entities from engaging in proprietary trading or from having an interest in hedge funds or a private equity fund; limited routine examinations of smaller insured depository institutions to assess an institution’s record of meeting the credit needs of its community, including low- and moderate-income neighborhoods; risk assessments charged to larger bank holding companies by the Federal Deposit Insurance Corporation in accordance with the orderly liquidation authority under the Dodd-Frank Wall Street Reform and Consumer Protection Act; and home mortgage disclosures required…

Latest action

Mar 19, 2026: Placed on the Union Calendar, Calendar No. 480.

Committee: House Financial Services