HR6554Referred to Committee

Community Bank Representation Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-12-10
Introduced
3
Cosponsors
HR
ⓘ
Type

Sponsor

Monica De La Cruz
Monica De La Cruz
Republican · TX · Representative
Votes with party: 98.2% (514 recorded votes)

Full profile: /officials/D000594

Source: Congress.gov · FEC

Cosponsors (3)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Placed on the Union Calendar, Calendar No. 458.

2026-02-25

Source: Congress.gov

Plain-English Summary

This bill would increase the representation of community banks on the Federal Reserve's boards and advisory committees, giving smaller regional banks more say in how the central bank operates. Community banks—which typically serve local areas rather than operating nationwide—would have better opportunities to influence Federal Reserve policies that affect lending, interest rates, and financial regulation. The change aims to ensure that the concerns of smaller financial institutions are heard alongside those of large national banks.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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