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H. Rept. 119-527 1 (2026-02-25)

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U.S. GOVERNMENT
INFORMATION 4















                    119TH CONGRESS                                         REPORT
                       2d Session   J HOUSE   OF REPRESENTATIVES           119-527







                     REGULATORY EFFICIENCY, VERIFICATION, ITEMIZATION,
                             AND   ENHANCED WORKFLOW ACT OF 2025




                    FEBRUARY 25, 2026.-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. 6544]

                      The  Committee  on  Financial Services, to whom  was referred the
                    bill (H.R. 6544) to require the Federal financial institutions regu-
                    latory agencies  to review  the  cumulative  impact  of regulations
                    issued by such  agencies, and for other purposes, 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  ............................................................................................  2
                    Background and Need for Legislation  ....................................................................  3
                    Com m ittee  Consideration  ........................................................................................  3
                    R elated H earings  .....................................................................................................  4
                    C om m ittee  V otes  .....................................................................................................  4
                    Com m ittee  Oversight Findings  ...............................................................................  6
                    Perform ance Goals  and  Objectives  .........................................................................  6
                    Com m ittee  Cost  Estim ate  .......................................................................................  6
                    New Budget Authority and CBO Cost Estimate ...................................................  6
                    Unfunded M andates Statem ent  ..............................................................................  6
                    E arm ark Statem ent  .................................................................................................  6
                    Federal Advisory Committee Act Statement .........................................................  7
                    Applicability  to  the  Legislative  Branch  .................................................................  7
                    Duplication of Federal Program s  ............................................................................  7
                    Section-by-Section  Analysis of the  Legislation  ......................................................  7
                    Changes in Existing Law Made by the Bill, as Reported ................. 8
                    Documents Included by Unanimous Consent ........................................................  11
                    M inority  V iew s  ........................................................................................................  20
                       69-006