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Bill · 119th Congress · HR 4544
American Access to Banking Act
Refreshed 3 h ago
Introduced 2025-07-17Topic: economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceAmerican Access to Banking Act This bill requires federal financial regulators to review and streamline the application process for the formation of de novo, or new, depository institutions or credit unions. Regulators must (1) review the application process; (2) to the extent practicable, collect necessary information from other agencies in order to minimize requests for applicant information; and (3) review how de novo financial intuitions raise capital while maintaining investor protections, including the impact of restrictions on raising capital. At the request of an applicant, regulators must (1) designate an employee as a caseworker to assist in the application process, and (2) provide a list of similar institutions interested in serving as a mentor. Each regulator must also develop a state and stakeholder engagement plan to assist interested parties with understanding the relevant regulatory processes.
Sponsors
- Maxine Waters Democrat sponsor
- 0 cosponsors
Recorded votes
| Date | Chamber | Question | Result | Yeas | Nays |
|---|---|---|---|---|---|
| 2026-05-20 | House roll 178 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 405 | 4 |
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-05-21 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | refer |
| 2026-05-20 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2026-05-20 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178). | |
| 2026-05-20 | Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178). | floor pass | |
| 2026-05-20 | House | Considered as unfinished business. (consideration: CR H3645) | |
| 2026-05-19 | House | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | |
| 2026-05-19 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 4544. | |
| 2026-05-19 | House | Considered under suspension of the rules. (consideration: CR H3584-3586; text: CR H3584-3585) | |
| 2026-05-19 | House | Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. | |
| 2025-09-08 | House | Placed on the Union Calendar, Calendar No. 210. | |
| 2025-09-08 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253. | report |
| 2025-09-08 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253. | report | |
| 2025-07-23 | House | Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 49 - 0. | refer |
| 2025-07-23 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-07-22 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-07-17 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-07-17 | Introduced in House | introduce | |
| 2025-07-17 | Introduced in House | introduce |