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HR 940 · introduced · significant

FAIR Exams Act

What this bill does

  • Creates an independent review process for federal bank examinations and supervisory decisions.
  • Affects banks and financial institutions undergoing federal regulatory examinations.
  • Establishes new deadlines for exam reports and requires agencies to disclose examination materials.

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Community Threads

Started by Cosponsor

  1. 01

    How would an independent review process change the time and cost banks currently spend on federal examinations?

  2. 02

    What types of examination materials would regulators need to disclose, and how might that affect their supervisory strategy?

  3. 03

    Which federal banking agencies would have authority to conduct these independent reviews, and could conflicts of interest arise?

Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.

Sponsor · R-AR-2

J. French Hill

Citizen cosponsors

0

In Congress

10/ 435

House Reps cosponsoring

Introduced 2025-07-25

Joining the bill

Legislative timeline

  1. 2025-07-25 · house · Calendars

    Placed on the Union Calendar, Calendar No. 176.

  2. 2025-07-25 · house · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-216.

  3. 2025-07-25 · Committee

    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-216.

  4. 2025-05-21 · house · Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 35 - 17.

  5. 2025-05-21 · house · Committee

    Committee Consideration and Mark-up Session Held

  6. 2025-02-04 · house · IntroReferral

    Referred to the House Committee on Financial Services.

  7. 2025-02-04 · IntroReferral

    Introduced in House

  8. 2025-02-04 · IntroReferral

    Introduced in House

Congress.gov ↗

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