Bill > HR8337

This bill, the Bank Resilience and Regulatory Improvement Act, aims to improve the safety and soundness of the United States banking system. Key provisions include: - Increasing the asset thresholds for certain regulatory requirements, such as CFPB supervision, the Durbin Amendment, the Volcker Rule, and qualified mortgage rules, from $10 billion to $50 billion. This would provide tailored regulatory relief for midsize banks. - Establishing timelines and requirements for federal banking agencies to process applications and respond to requests from insured depository institutions and credit unions, including deadlines for providing final examination reports. - Enhancing the independent appellate process for banks and credit unions to challenge material supervisory determinations, including establishing an Office of Supervisory Appeals. - Requiring the Federal Reserve to review its discount window lending programs and develop a remediation plan to address any identified deficiencies. - Raising the consolidated asset threshold for the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement from $1 billion to $10 billion, providing additional regulatory relief for small bank holding companies. Overall, the bill aims to strike a balance between prudential regulation and providing targeted regulatory relief to midsize and community banks to promote a resilient and competitive U.S. banking system.