S. 113In Committee
Promoting New Bank Formation Act of 2025
Eliminates and eases certain banking requirements for new financial institutions, rural community banks, and federal savings associations
Plain-English overview
What this bill does
Eliminates and eases certain banking requirements for new financial institutions, rural community banks, and federal savings associations
Key points
- Require capital rules phase in
- Authorize agricultural loan activities
- Reduce community bank leverage ratio
Current status
Where it stands
Status
In Committee
Latest action
2025-01-16 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedFinance and Financial Sector