Requires the Federal Financial Institutions Examination Council to recommend changes to the CAMELS bank rating system, making each rating part more objective and limiting the management component, with federal bank regulators then issuing joint rules to carry out those changes.

Official title: HUMPS Act of 2025

Next stop House floor: awaiting a vote

Timeline each lane is a chamber; dates pull from congress.gov actions

House

Introduced 14-MAY-2025

Referred 14-MAY-2025

Approved by committee 21-MAY-2025

Reported 25-JUN-2025

On the calendar 25-JUN-2025

Key points

Directs the Council to recommend clear, objective criteria for each CAMELS component and a transparent method for composite ratings
Gives regulators a choice of either eliminating the management component or limiting it to objective measures of governance and controls
Requires composite ratings to consider compliance with anti-money-laundering and terrorist financing requirements
Requires regulators to issue joint rules within 12 months of the recommendations, with a public comment period of at least 90 days

AI-generated from the Reported in House text of 25-JUN-2025 · verify · report an error

Official CRS summary

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Committee referrals (1)

Policy area

Finance and Financial Sector

Sponsor Scott Fitzgerald (R-WI) Cosponsors · 0

No cosponsors.

congress.gov page Reported in House (25-JUN-2025) Introduced in House (14-MAY-2025)