S 427 119th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Business records Congressional oversight

TAILOR Act of 2025

Introduced: February 5, 2025 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 5, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Feb 5, 2025

Introduced in Senate

Plain-English summary Congressional Research Service

Taking Account of Institutions with Low Operation Risk Act of 2025 or the TAILOR Act of 2025

This bill addresses the supervision of financial institutions.

Federal financial regulatory agencies must (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies to future regulatory actions and to regulations adopted within the last seven years.

The bill also reduces certain reporting requirements for community banks eligible for a simplified capital leverage ratio.

Finally, federal banking agencies must report on the modernization of bank supervision, including examiner workforce and training and statutory changes necessary to achieve more effective supervision.

What's happening now February 5, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Cosponsors 6