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H.R. 6544119th CongressPlaced on the calendarLatest action Feb 25, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
HR 6544 would require financial regulators to review their rules every 5 years instead of 10, with added internal analysis.
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HR 6544 shortens the required review cycle for federal financial rules from once every 10 years to once every 5 years. It also expands coverage from "banking agencies" to the broader "financial institutions regulatory agencies" and adds a new internal review requirement covering consumer access, credit availability, market liquidity, and cost-benefit analysis, with findings summarized for Congress.
The bill applies to federal agencies regulating banks and financial institutions, such as the Federal Reserve and FDIC. It indirectly affects consumers, businesses, and financial companies that deal with the resulting regulatory compliance changes.
More frequent and expanded reviews could lead to changes in existing financial regulations, affecting compliance requirements for banks and potentially access to credit and financial products for consumers and businesses.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Placed on the Union Calendar, Calendar No. 452.