Status: In Progress. Latest action (May 21, 2026): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
American Access to Banking Act This bill requires federal financial regulators to review and streamline the application process for the formation of de novo, or new, depository institutions or credit unions. Regulators must (1) review the application process; (2) to the extent practicable, collect necessary information from other agencies in order to minimize requests for applicant information;…
House vote May 20, 2026: On Motion to Suspend the Rules and Pass, as Amended — Passed.