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Raises the asset cutoff that defines which bank and thrift holding companies qualify as "small" for the Federal Reserve's Small Bank Holding Company and Savings and Loan Holding Company Policy Statement. The Federal Reserve Board must revise Appendix C to 12 C.F.R. part 225 within 180 days after enactment to set the consolidated asset threshold at $25,000,000,000, which changes which firms may rely on the lighter supervisory policy.
Referred to the House Committee on Financial Services.
Introduced April 10, 2025 by Byron Donalds · Last progress April 10, 2025
Placed on the Union Calendar, Calendar No. 165.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-202.
Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 20.
Committee Consideration and Mark-up Session Held