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H.R. 7056 (119th Congress)Introduced
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Community Bank Regulatory Tailoring Act

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This bill increases and indexes various statutory dollar thresholds across federal banking and financial regulations to account for inflation since those thresholds were originally set. The bill raises thresholds in laws governing bank holding companies, credit unions, deposit insurance, mortgage disclosure, and other financial institutions. Beginning in 2031 and every five years thereafter, the Federal Reserve Board will automatically adjust these thresholds based on changes in U.S. gross domestic product.

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