{"bill":{"id":"119-s-427","congress":119,"type":"S","number":427,"title":"TAILOR Act of 2025","originChamber":"Senate","introducedDate":"2025-02-05","sponsors":[{"bioguideId":"R000605","fullName":"Sen. Rounds, Mike [R-SD]","party":"R","state":"SD","district":null}],"cosponsorsCount":7,"latestAction":{"actionDate":"2025-02-05","text":"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs."},"policyArea":"Finance and Financial Sector","subjects":["Banking and financial institutions regulation","Business records","Congressional oversight"],"actions":[{"date":"2025-02-05","text":"Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.","type":"IntroReferral","chamber":"Senate","hasVote":false},{"date":"2025-02-05","text":"Introduced in Senate","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Taking Account of Institutions with Low Operation Risk Act of 2025 or the TAILOR Act of 2025</strong></p><p>This bill addresses the supervision of financial institutions.</p><p>Federal financial regulatory agencies must (1) tailor any regulatory actions so as to limit burdens on the institutions involved,&nbsp;with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's&nbsp;tailoring requirement applies to future regulatory actions and to regulations adopted within the last seven years.</p><p>The bill also reduces certain reporting requirements for community banks eligible for a simplified capital leverage ratio.</p><p>Finally, federal banking agencies must report on the modernization of bank supervision, including examiner workforce and training and statutory changes necessary to achieve more effective supervision.</p>","updateDate":"2026-08-10T17:33:27Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":8002,"ts":"2026-08-28T07:48:38.027Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=TAILOR%20Act%20of%202025"}]}}