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H. Rept. 119-164 1 (2025-06-20)

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119TH CONGRESS
   1st Session  J HOUSE   OF REPRESENTATIVES


REPORT
119-164


FINANCIAL INTEGRITY AND REGULATION MANAGEMENT
                               ACT




 JUNE 20, 2025.-Committed to the Committee of the Whole House on the State of
                   the Union and ordered to be printed




 Mr. HILL  of Arkansas, from the Committee  on Financial Services,
                     submitted   the following


                         REPORT


                           together with


                        MINORITY VIEWS

                        [To accompany H.R. 2702]

  The  Committee  on  Financial Services, to whom  was referred the
bill (H.R. 2702) to curtail the political weaponization  of Federal
banking  agencies by eliminating  reputational risk as a component
of the supervision of depository institutions, having considered the
same,  reports  favorably thereon  with  an  amendment and     rec-
ommends   that the bill as amended do pass.

                             CONTENTS
                                                                Page
Purpose and Sum m ary  ............................................................................................  3
Background and Need for  Legislation  ....................................................................  3
Com m ittee  Consideration  ........................................................................................  4
R elated H earings  .....................................................................................................  4
C om m ittee  V otes  .....................................................................................................  5
Com m ittee  Oversight Findings  ...............................................................................  7
Perform ance Goals  and  Objectives  .........................................................................  7
Com m ittee  Cost  Estim ate  .......................................................................................  7
New Budget Authority and CBO Cost Estimate ...................................................  7
Unfunded M andates Statem ent  .............................................................................  7
E arm ark Statem ent  .................................................................................................  7
Federal Advisory Committee Act Statement .........................................................  8
Applicability  to  the  Legislative  Branch  .................................................................  8
Duplication of Federal Program s  ............................................................................  8
Section-by-Section  Analysis of the  Legislation  ......................................................  8
Changes in Existing Law Made by the Bill, as Reported .................             9
M inority  V iew s  ........................................................................................................  10

   59-006


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