What is the current status of HR 2835?

HR 2835 is currently: In House.

Who sponsored HR 2835?

HR 2835 was sponsored by Byron Donalds (R), Rep.

IntroducedApril 10, 2025

In House11 months ago

Intro

House

Senate

Pres

Awaiting House vote

Finance and Financial SectorBank accounts, deposits, capitalBanking and financial institutions regulationFederal Reserve System

Why This Matters

This bill increases the asset threshold for small bank holding companies, allowing more banks to benefit from reduced regulations.

If you use a small bank, this bill allows banks with up to $25 billion in assets to face fewer regulations.

Who this affects

small bank holding companies · customers

What changes is this bill making?

1This bill raises the asset limit for small bank holding companies to $25 billion.
2The change allows more banks to qualify as small institutions, easing regulatory burdens.
3It aims to support smaller banks in competing with larger financial institutions.
4The Federal Reserve must implement these changes within 180 days of the bill's passage.