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Bill · 119th Congress · HR 6544
REVIEW Act of 2025
Refreshed 3 h ago
Introduced 2025-12-09Topic: economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceRegulatory 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 Currently, these regulatory reviews must occur every 10 years to identify outdated or unnecessary regulations imposed on insured depository institutions.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.
Sponsors
- William R. Timmons IV Republican sponsor
- 0 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-02-25 | House | Placed on the Union Calendar, Calendar No. 452. | |
| 2026-02-25 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527. | report |
| 2026-02-25 | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527. | report | |
| 2025-12-17 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23. | refer |
| 2025-12-17 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-12-16 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-12-09 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-12-09 | Introduced in House | introduce | |
| 2025-12-09 | Introduced in House | introduce |