Floor Vote ScheduledFiled Dec 10, 2025
Sponsor: Rep. De La Cruz, Monica [R-TX-15] (R)
Latest Action
Placed on the Union Calendar, Calendar No. 458.
Feb 25, 2026
Summary
The bill amends the Federal Reserve Act so the Chair must pick a board member who has worked in or supervised community banks to develop policy and supervise banks with less than $17 billion in assets. It also requires that member to appear before Senate and House banking committees twice a year and ties the asset‑size threshold to annual GDP growth. The goal is to give small‑bank interests a stronger voice in Fed decisions.
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