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Senate Bill

S. 2497

119th Congress

Fair Billing Act

In Committee
Introduced:Jul 29, 2025

Primary Sponsor

Margaret Wood Hassan

Margaret Wood Hassan

Senator

Democratic
NH

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Summary

The Fair Billing Act converts large state-chartered banks with over $100 billion in assets to be nationally regulated by the Office of the Comptroller of the Currency, instead of by the Federal Reserve or FDIC. This shifts the primary oversight of these major banks from federal agencies to the national banking regulator.

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

SponsorMargaret Wood Hassan (D-NH)
Introduced7/29/2025
StatusRead twice and referred to the Committee on Finance.
ChamberSenate
Data from Congress.gov

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Vote Prediction

Fair Billing Act

The Fair Billing Act converts large state-chartered banks with over $100 billion in assets to be nationally regulated by the Office of the Comptroller of the Currency, instead of by the Federal Reserve or FDIC. This shifts the primary oversight of these major

Community Breakdown

Pass

0%

Fail

0%

0 predictions

The Fair Billing Act converts large state-chartered banks with over $100 billion in assets to be nationally regulated by the Office of the Comptroller of the Currency, instead of by the Federal Reserve or FDIC. This shifts the primary oversight of these major banks from federal agencies to the national banking regulator.

Bill Number
2497
Sponsor
Margaret Wood Hassan (D-NH)
Introduced
7/29/2025
Status
Read twice and referred to the Committee on Finance.
Policy Area
Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title
Fair Billing Act
Bill Number
2497
Sponsor
Margaret Wood Hassan (D-NH)
Status
Read twice and referred to the Committee on Finance.
Introduced
7/29/2025
Summary
The Fair Billing Act converts large state-chartered banks with over $100 billion in assets to be nationally regulated by the Office of the Comptroller of the Currency, instead of by the Federal Reserve or FDIC. This shifts the primary oversight of these major banks from federal agencies to the natio

Data from Congress.gov

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