Bill raises bank size limits to escape strict federal rules.

What it does

The bill changes when banks must follow tough federal rules. Banks with $250 billion in assets now need $370 billion instead. Banks with $10 to $100 billion now need $15 to $150 billion. Every five years, these limits go up based on economic growth. Banks below the new limits avoid stress tests and other safeguards.

Who it affects

Mid-sized and large banks escape stricter rules. People lose some protections meant to stop another financial crisis. The Federal Reserve and banking regulators must raise the limits every five years.

One thing to notice

The limits rise automatically every five years without Congress voting again. Banks that grew past old limits might escape rules they already follow.

From the analysis of the bill text, linked under Primary records below.

Where it stands

• Sep 22, 2026 — Introduced · Congress.gov: “Introduced in Senate”
• Sep 22, 2026 — Referred to Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Read twice and referred to the Committee on Banking, Housing, and Urban Affairs”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Words to know

• stress tests — tests that check if banks have enough money to survive a crisis.
• assets — money and valuable things a bank owns.
• safeguards — rules and checks meant to keep banks and people's money safe.