Bill · H.R. 6544· House(119-HR-6544)
REVIEW Act of 2025
- Introduced
- 12/9/2025
- Last activity
- 2/25/2026 — Placed on the Union Calendar, Calendar No. 452.
- Sponsored by
- William Timmons
- Cosponsors
- None
- Introduced
- On Calendar
What this bill would do
This bill, known as the "REVIEW Act of 2025," requires Federal financial institutions regulatory agencies to conduct internal reviews regarding the cumulative impact of their regulations. These agencies must evaluate how their rules affect consumer access to products, the availability of services to firms, and credit availability in financial markets. The review also examines the balance of benefits and costs against the safety of the financial system and economic activity. Additionally, the agencies are tasked with quantifying economic costs and recommending ways to streamline or eliminate burdensome regulations. The bill also increases the frequency of certain reviews from every 10 years to every 7 years.
Yes· 3 of 9
Would business owners be better off under this?+3
The bill directly targets the reduction of regulatory burdens and costs for firms.
Is this likely to grow the economy?+2
The mandate to streamline and eliminate burdensome regulations is intended to foster overall economic activity.
Does this make it easier to run a small business?+2
The bill seeks to identify and reduce unnecessary regulatory burdens that can disproportionately affect smaller firms.
The opposite
Does this give people more protection from unfair business practices?-1
The focus on streamlining and eliminating regulations may reduce the oversight intended to protect consumers from financial risks.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Transparency of Costs: The bill requires agencies to quantify the direct and indirect economic costs imposed by regulations (Section 2, subsection (b)(2)(E)). This could help people understand the actual economic weight of these rules.
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Streamlining of Regulations: The act mandates that reviews include recommendations to simplify or eliminate regulations that are outdated, duplicative, or unnecessarily burdensome (Section 2, subsection (b)(2)(F)).
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Improved Access to Financial Services: By requiring an assessment of how regulations affect consumers' access to financial products and services, the bill aims to monitor and potentially improve availability (Section 2, subsection (b)(2)(A) and (B)).
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Enhanced Market Liquidity: The bill requires an assessment of the impact of regulations on credit availability and financial market liquidity (Section 2, subsection (b)(2)(C)).
Potential Negative Impacts for People
- No specific negative impacts are explicitly stated in the provided text.
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 Business Owners+3Good For High Income Households+1Good For Low Income Households+1Good For Middle Class Households+1Good For Urban Residents+1
- Economy And Finance
- Improves Economic Growth+2Improves Small Business Support+2Increases Job Creation+1Improves Consumer Protection-1
- Governance And Ideology
- Improves Government Transparency+2
- 2/25/2026
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527.
- Placed on the Union Calendar, Calendar No. 452.
- 12/17/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23.
- 12/16/2025
- Committee Consideration and Mark-up Session Held
- 12/9/2025
- 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.