H.R. 3230Heading to a voteJobs & the economy
Bill would lift federal bank oversight threshold from $10B to $50B in assets
Data as of July 11, 2026
HR 3230 would exempt banks with $10B–$50B in assets from CFPB oversight, the Volcker Rule, and other federal rules.45-second read · 4 questions answered below
Decoded
What does this do?
HR 3230 raises the asset threshold that triggers certain federal banking regulations from $10 billion to $50 billion. Rules affected include CFPB oversight, the Volcker Rule restricting risky trading, certain mortgage lending standards, and capital reserve requirements. Banks and credit unions holding between $10 billion and $50 billion in assets would no longer be subject to these specific regulations.
Who does it affect?
Employees and shareholders of mid-sized banks are directly affected, as are customers who use those institutions. Customers at these banks could see changes in the types of loans available and in how complaints are handled, since direct CFPB supervision would no longer apply.
Why does it matter?
A significant number of mid-sized banks across the country would be freed from these regulations. Broader effects on financial stability and consumer protection would depend on how regulators respond to the change.
Where does it stand?
- Introduced
- House committee
- House vote — You are here
- Senate
- President's desk
Right now: it's headed for a House floor vote. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Financial Institution Regulatory Tailoring Enhancement Act
- Introduced:
- May 7, 2025
- Latest action:
- June 20, 2025
Placed on the Union Calendar, Calendar No. 132.
Read the official bill on Congress.govMake the call
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