Bill · S. 427· Senate(119-S-427)
TAILOR Act of 2025
- Introduced
- 2/5/2025
- Last activity
- 2/5/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Mike Rounds
- Cosponsors
- - 7 - 0
- Introduced
- In Committee
What this bill would do
The TAILOR Act of 2025 requires Federal financial institutions regulatory agencies to consider the risk profiles and business models of institutions when taking regulatory actions. It mandates that agencies tailor regulations to limit impacts such as costs and human resource burdens. Agencies must disclose how they have applied these tailoring requirements in their rulemaking notices and documentation. Additionally, the bill requires annual reports to Congress regarding these specific tailoring actions. The legislation also directs the creation of reduced reporting requirements for certain banks. Finally, it requires a report on the modernization of bank supervision.
Yes· 3 of 4
Would business owners be better off under this?+5
Financial institutions and business owners benefit from reduced regulatory burdens and more tailored oversight.
Does this make it easier to run a small business?+4
The bill specifically targets reduced reporting requirements and tailored regulations for community banks, which supports smaller financial institutions.
Does this make what the government does easier for the public to see?+2
The bill increases transparency by requiring agencies to disclose how they have applied tailoring requirements in their rulemaking.
The opposite
Does this give people more protection from unfair business practices?-2
Tailoring regulations based on risk profiles might potentially reduce the stringency of certain consumer protections.
Does this give the federal government more power?-1
By mandating specific review and reporting procedures, the bill imposes new requirements on existing federal agencies.
Who it would affect, and how
Potential Positive Impacts for People
-
Reduced Regulatory Burdens: By requiring agencies to tailor regulatory actions, the bill aims to limit the impact of costs, human resource allocation, and other burdens on institutions based on their risk profile and business model (Section 2(b)(2)).
-
Increased Flexibility for Local Markets: The bill requires agencies to consider how regulatory actions impact the ability of institutions to flexibly serve their customers and local markets (Section 2(c)(1)).
-
Simplified Reporting for Specific Banks: The act directs agencies to establish reduced reporting requirements for banks eligible for the Community Bank Leverage Ratio (Section 3).
Potential Negative Impacts for People
- Regulatory Review Requirement: The bill requires agencies to conduct a review of all regulations issued in final form during a specific seven-year period and revise them as necessary, which may involve administrative efforts (Section 2(f)(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 Business Owners+5
- Economy And Finance
- Improves Small Business Support+4Improves Economic Growth+1Improves Consumer Protection-2
- Governance And Ideology
- Improves Government Transparency+2Increases Federal Power-1
- 8/7/2026
- 1 Cosponsor added.
- 5/22/2025
- 1 Cosponsor added.
- 2/5/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 5 Cosponsors added.
- Introduced in Senate
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.
Kevin CramerRepublican · North Dakota
Steve DainesRepublican · Montana
Bill HagertyRepublican · Tennessee
Cynthia LummisRepublican · Wyoming
David McCormickRepublican · Pennsylvania
Pete RickettsRepublican · Nebraska
Thomas TillisRepublican · North Carolina