Bill · H.R. 5014· House(119-HR-5014)
To codify Executive Order 14331 on fair banking.
- Introduced
- 8/22/2025
- Last activity
- 8/22/2025 — Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Sponsored by
- Andy Barr
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
This bill aims to codify Executive Order 14331, which is titled "Guaranteeing Fair Banking for All Americans." The order was published on August 12, 2025. By passing this bill, the executive order would have the force and effect of law.
Yes· 3 of 10
Does this give people more protection from unfair business practices?+5
The bill codifies protections intended to guarantee fair banking practices for all Americans.
Would households on low incomes be better off under this?+4
The codification of fair banking standards provides more reliable financial access for lower-income populations.
Would Black Americans be better off under this?+4
Fair banking laws are a key mechanism for addressing historical financial inequities faced by Black Americans.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Legal weight of fair banking protections: By giving Executive Order 14331 the force and effect of law, the provisions regarding "Guaranteeing Fair Banking for All Americans" would be codified through Section 1.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For African Americans+4Good For Asian Americans+4Good For Hispanic Americans+4Good For Low Income Households+4Good For Native Americans+4Good For Middle Class Households+3Good For White Americans+3
- Economy And Finance
- Improves Consumer Protection+5
- Social Issues And Justice
- Improves Racial Equity+3
- Governance And Ideology
- Increases Federal Power+2
- 10/17/2025
- 1 Cosponsor added.
- 8/29/2025
- 1 Cosponsor added.
- 8/22/2025
- Referred to the Committee on Financial Services, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House
Mike CollinsRepublican · Georgia
Derek SchmidtRepublican · Kansas