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H.R. 6544: REVIEW Act of 2025
119th Congress · introduced 2025-12-09 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 452.
federal
Official title
REVIEW Act of 2025
Plain summary
Regulatory Efficiency, Verification, Itemization, and Enhanced Workflow Act of 2025 or the REVIEW Act of 2025 This bill increases the frequency and expands the scope of regulatory reviews conducted by federal financial agencies. Currently, these regulatory reviews must occur every 10 years to identify outdated or unnecessary regulations imposed on insured depository institutions. The bill increases this frequency to every 7 years. Additionally, the bill expands these reviews to include an internal review of the cumulative impacts of regulations, including an assessment regarding (1) access to financial products and services, (2) credit availability and market liquidity, and (3) costs and benefits of regulations with respect to financial safety and soundness and overall economic activity. The bill also codifies the National Credit Union Administration’s inclusion in this review process.
Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.
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Officials and money
Sponsor: Rep. Timmons, William R. [R-SC-4] · 0 cosponsors
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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
- Congressional Research Service summary (Reported to House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr6544.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>
Record fed-us-cong119-hr6544 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills