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H. Rept. 119-249 1 (2025-09-08)

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                    119TH CONGRESS                                         REPORT
                       1st Session    HOUSE   OF REPRESENTATIVES           119-249










                         SUPERVISORY MODIFICATIONS FOR APPROPRIATE
                                  RISK-BASED TESTING ACT OF 2025







                    SEPTEMBER 8, 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


                                           [To accompany H.R. 4437]

                      The  Committee  on  Financial Services, to whom  was referred the
                    bill (H.R. 4437) to reduce  the regulatory burden   on certain well
                    managed   and  well capitalized financial institutions, and for other
                    purposes,  having considered  the same,  reports favorably  thereon
                    with an  amendment   and  recommends   that the bill as amended  do
                    pass.

                                                 CONTENTS

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

                       59-006