Bill · H.R. 3379· House(119-HR-3379)
HUMPS Act of 2025
- Introduced
- 5/14/2025
- Last activity
- 6/25/2025 — Placed on the Union Calendar, Calendar No. 136.
- Sponsored by
- Scott Fitzgerald
- Cosponsors
- None
- Introduced
- On Calendar
What this bill would do
The HUMPS Act of 2025 aims to amend the Federal Financial Institutions Examination Council Act of 1978. This bill requires regulatory agencies to update the CAMELS Rating System used to evaluate financial institutions. The goal is to move toward more objective and clear criteria rather than relying heavily on examiner judgment. The bill directs the Council to recommend changes to better reflect an institution's financial condition and risk profile. It also addresses the management component of the rating system and ensures compliance with various regulations. Finally, it mandates a specific rulemaking process including a public comment period.
Yes· 3 of 4
Does this make what the government does easier for the public to see?+4
The bill increases transparency through required public notice and comment periods for regulatory changes.
Does this give people more protection from unfair business practices?+3
Increased transparency and objective ratings may lead to more stable and predictable financial institutions.
Does this give the federal government more power?+2
The bill mandates changes to federal regulatory agency processes regarding financial institutions.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Fairness and Consistency: By establishing clear and objective criteria for each CAMELS component, the bill seeks to promote fairness and accountability in supervisory assessments (Section 2).
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More Accurate Financial Profiles: The bill directs revisions to ensure composite ratings more accurately reflect the financial condition and risk profile of financial institutions (Section 3(a)(2)).
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Reduced Subjectivity in Management Assessment: The bill proposes to either eliminate the management component or limit it to objective measures of governance and controls, which addresses concerns that the current system relies too heavily on subjective examiner judgment (Section 2 and Section 3(a)(3)).
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Enhanced Transparency: The bill requires that composite ratings be determined based on a transparent methodology limited to established objective criteria (Section 3(a)(5)).
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Public Input Opportunities: The bill mandates that regulatory agencies publish a notice of proposed rulemaking and provide a public comment period of at least 90 days (Section 3(c)).
Potential Negative Impacts for People
- Regulatory Changes: The bill requires the Federal financial institutions regulatory agencies to issue new rules within 12 months of the Council's recommendations, which changes how institutions are rated (Section 3(a)(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+4Increases Federal Power+2
- Economy And Finance
- Improves Consumer Protection+3
- Demographic And Interest Groups
- Good For Business Owners+2
- 6/25/2025
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-170.
- Placed on the Union Calendar, Calendar No. 136.
- 5/21/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.
- 5/14/2025
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.