Banking, Housing, and Urban Affairs Committee
- Referred To
Introduced: Jul 17, 2025
Latest action date: May 21, 2026
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Status detail: The full action history records passage in the House.
Plain-language overview
American 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.
Official summary from Congress.gov.
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Finance and Financial Sector
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Proposed changes to this measure, with their latest official outcome or action from Congress.gov.
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Checked against Congress.gov Oct 15, 2026.
Newest action first. Action language comes from the official Congress.gov record.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
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).
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).
Considered as unfinished business. (consideration: CR H3645)
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.
DEBATE - The House proceeded with forty minutes of debate on H.R. 4544.
Considered under suspension of the rules. (consideration: CR H3584-3586; text: CR H3584-3585)
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 210.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253.
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253.
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 49 - 0.
Committee Consideration and Mark-up Session Held
Committee Consideration and Mark-up Session Held
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Recorded House and Senate votes connected to this bill. Your representatives appear first when available.
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