{"bill":{"id":"119-hr-6544","congress":119,"type":"HR","number":6544,"title":"REVIEW Act of 2025","originChamber":"House","introducedDate":"2025-12-09","sponsors":[{"bioguideId":"T000480","fullName":"Rep. Timmons, William R. [R-SC-4]","party":"R","state":"SC","district":4}],"cosponsorsCount":0,"latestAction":{"actionDate":"2026-02-25","text":"Placed on the Union Calendar, Calendar No. 452."},"policyArea":"Finance and Financial Sector","subjects":["Banking and financial institutions regulation","Congressional oversight","Credit and credit markets","Financial services and investments","Government information and archives","Government studies and investigations"],"actions":[{"date":"2026-02-25","text":"Placed on the Union Calendar, Calendar No. 452.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2026-02-25","text":"Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2026-02-25","text":"Reported (Amended) by the Committee on Financial Services. H. Rept. 119-527.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-17","text":"Ordered to be Reported (Amended) by the Yeas and Nays: 30 - 23.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-17","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-16","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-12-09","text":"Referred to the House Committee on Financial Services.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-12-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-12-09","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Regulatory Efficiency, Verification, Itemization, and Enhanced Workflow Act of 2025 or the REVIEW Act of 2025</strong></p><p>This bill increases the frequency and expands the scope of regulatory reviews conducted by federal financial agencies.</p><p>Currently, these regulatory reviews must occur every 10 years to&nbsp;identify&nbsp;outdated or unnecessary regulations imposed on insured depository institutions. The bill increases this frequency to every 7 years.&nbsp;</p><p>Additionally, the bill expands these reviews to include an internal review of the cumulative impacts of regulations, including an assessment regarding (1)&nbsp;access to financial products and services, (2) credit availability and market liquidity, and (3) costs and benefits of regulations with respect to financial safety and soundness and overall economic activity.&nbsp;</p><p>The bill also codifies the National Credit Union Administration’s inclusion in this review process.&nbsp;</p>","updateDate":"2026-06-11T23:26:42Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":8005,"ts":"2026-07-15T07:05:12.570Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=REVIEW%20Act%20of%202025"}]}}