PSI Sci

Before you vote › Federal bills

H.R. 3230: Financial Institution Regulatory Tailoring Enhancement Act

119th Congress · introduced 2025-05-07 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 132.

federal

What does this mean?

Official title

Financial Institution Regulatory Tailoring Enhancement Act

Plain summary

Financial Institution Regulatory Tailoring Enhancement Act This bill limits the regulations applicable to certain financial institutions by increasing several different asset levels. The bill raises the asset level above which insured depository institutions and credit unions become subject to supervision by the Consumer Financial Protection Bureau for purposes of compliance with consumer financial laws and for risk assessments of products and services. The bill raises the asset level above which banks must comply with the Volcker Rule, which prohibits banks from proprietary trading and having an ownership interest in private funds. The bill raises the asset level below which financial institutions must comply with less prescriptive ability-to-repay determinations for residential mortgages. Finally, the bill raises the asset level below which certain depository institutions and depository institution holding companies qualify as community banks and are therefore subject to a simplified leverage ratio.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Financial Institution Regulatory Tailoring Enhancement Act

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

Officials and money

Sponsor: Rep. Barr, Andy [R-KY-6] · 2 cosponsors

Money: CBO cost estimate: H.R. 3230, Financial Institution Regulatory Tailoring Enhancement Act (2025-10-08) No linked contracts or vendors yet.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr3230 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills