Barry Loudermilk

This bill would make federal financial agencies publish yearly reports about applications to start new banks and credit unions. These reports would show how many applications they get, how long it takes to approve them, and why some are denied.

This bill would make top U.S. banking agencies, like the Federal Reserve, share more details about their work with international financial groups. This would give Congress and the public a clearer view of how global talks might change U.S. financial rules. Right now, these details are not part of their regular reports.

Summary pending...

A new bill would change how Medicare pays certain long-term care hospitals that specialize in treating severe brain and spinal cord injuries. These hospitals, called "catastrophic specialty hospitals," would follow different payment rules. This change would take effect for budget years starting on or after the bill becomes law.

Summary pending...

Summary pending...

This bill would create a new special subcommittee within the House of Representatives. This subcommittee would investigate any remaining questions about the events of January 6, 2021, and issue a final report. It would have special powers to gather information and compel testimony from individuals.

Summary pending...

This bill, called the TAILOR Act, would require federal agencies that oversee banks and credit unions to create rules that consider the risk profile and business models of each institution. This means smaller banks and credit unions could face fewer burdens, and all banks eligible for the Community Bank Leverage Ratio would get simpler financial reports. Agencies would also review past rules to apply these new tailoring ideas.

Federal banking agencies would need to provide Congress with 120 days' notice and a detailed economic analysis before putting into place any major new rules based on international recommendations. These rules would be considered "major" if they affect the U.S. economy by $10 billion or more over 10 years. The bill would also require these agencies to report on their activities and funding with certain international groups before discussing climate-related financial risks.

Summary pending...

This bill would require the Bureau of Consumer Financial Protection (CFPB) to provide detailed reports on the costs and benefits of any new financial rules it proposes. It aims to make sure the CFPB fully explains why a new rule is needed and how it might affect consumers, small businesses, and the economy. This means future financial regulations would come with a clear public explanation of their potential impacts.