HR 4544 119th Congress

American Access to Banking Act

Latest Action

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

Congress.gov

Sponsors

Rep. Waters, Maxine [D-CA-43]

Rep. Waters, Maxine [D-CA-43]

D — CA

Summary

American Access to Banking Act This bill requires federal financial regulators to review and streamline the application process for the formation of de novo, or new, depository institutions or credit unions. Regulators must (1) review the application process; (2) to the extent practicable, collect necessary information from other agencies in order to minimize requests for applicant information; and (3) review how de novo financial intuitions raise capital while maintaining investor protections, including the impact of restrictions on raising capital. At the request of an applicant, regulators must (1) designate an employee as a caseworker to assist in the application process, and (2) provide a list of similar institutions interested in serving as a mentor. Each regulator must also develop a state and stakeholder engagement plan to assist interested parties with understanding the relevant regulatory processes.

Vote Result

Passed House

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178).

Actions

2026-05-21T00:00:00

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

2026-05-20T00:00:00

Motion to reconsider laid on the table Agreed to without objection.

2026-05-20T00:00:00

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178).

2026-05-20T00:00:00

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 405 - 4 (Roll no. 178).

2026-05-20T00:00:00

Considered as unfinished business. (consideration: CR H3645)

2026-05-19T00:00:00

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

2026-05-19T00:00:00

DEBATE - The House proceeded with forty minutes of debate on H.R. 4544.

2026-05-19T00:00:00

Considered under suspension of the rules. (consideration: CR H3584-3586; text: CR H3584-3585)

2026-05-19T00:00:00

Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.

2025-09-08T00:00:00

Placed on the Union Calendar, Calendar No. 210.

2025-09-08T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253.

2025-09-08T00:00:00

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-253.

2025-07-23T00:00:00

Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 49 - 0.

2025-07-23T00:00:00

Committee Consideration and Mark-up Session Held

2025-07-22T00:00:00

Committee Consideration and Mark-up Session Held

2025-07-17T00:00:00

Referred to the House Committee on Financial Services.

2025-07-17T00:00:00

Introduced in House

2025-07-17T00:00:00

Introduced in House

Policy Areas

Finance and Financial Sector

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