HUMPS Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3379 Reported in House (RH)] <DOC> Union Calendar No. 136 119th CONGRESS 1st Session H. R. 3379 [Report No. 119-170] To amend the Federal Financial Institutions Examination Council Act of 1978 to require the Federal financial institutions regulatory agencies to update the CAMELS Rating System, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 14, 2025 Mr. Fitzgerald introduced the following bill; which was referred to the Committee on Financial Services June 25, 2025 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on May 14, 2025] _______________________________________________________________________ A BILL To amend the Federal Financial Institutions Examination Council Act of 1978 to require the Federal financial institutions regulatory agencies to update the CAMELS Rating System, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Halting Uncertain Methods and Practices in Supervision Act of 2025'' or the ``HUMPS Act of 2025''. SEC. 2. FINDINGS. Congress finds that-- (1) CAMELS ratings (Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity to market risk) are a critical tool for evaluating the safety and soundness of financial institutions, and the basis for determining significant regulatory matters such as the evaluation for mergers and acquisitions and a bank's deposit insurance premiums; (2) the CAMELS rating system relies heavily on examiner judgment, which can lead to subjective and inconsistent ratings across