H.R. 4544: American Access to Banking Act
A House bill (H.R.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | House bill (H.R.) |
| Originating chamber | House |
| Introduced | 2025-07-17 |
| Sponsor | Rep. Waters, Maxine [D-CA-43] |
| Policy area | Finance and Financial Sector |
| Cosponsors | 0 |
| Latest action | 2026-05-21 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Last updated | 2026-07-17 |
Summary
Official summary (Introduced in House, 2025-07-17):
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; and (3) review how de novo financial intuitions raise capital while maintaining investor protections, including the impact of restrictions on raising capital.
At the request of an applicant, regulators must (1) designate an employee as a caseworker to assist in the application process, and (2) provide a list of similar institutions interested in serving as a mentor.
Each regulator must also develop a state and stakeholder engagement plan to assist interested parties with understanding the relevant regulatory processes.
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for H.R. 4544 are published by Congress on congress.gov.
View H.R. 4544 on congress.gov →
Frequently asked questions
What is H.R. 4544?
H.R. 4544 is a House bill (H.R.) introduced in the 119th U.S. Congress, originating in the House. Official title: American Access to Banking Act.
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for H.R. 4544 are available on congress.gov.
Bill data: congress.gov API (official congressional records).