Financial Inclusion in Banking Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 2890 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 2890 To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 10, 2025 Mr. David Scott of Georgia (for himself and Mrs. Kim) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, 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 ``Financial Inclusion in Banking Act of 2025''. SEC. 2. OFFICE OF COMMUNITY AFFAIRS DUTIES WITH RESPECT TO UNDER- BANKED, UN-BANKED, AND UNDERSERVED CONSUMERS. Section 1013(b)(2) of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5493(b)(2)) is amended-- (1) by striking ``The Director shall establish a unit'' and inserting the following: ``(A) In general.--The Director shall establish a unit to be known as the `Office of Community Affairs'''; and (2) by adding at the end the following: ``(B) Duties related to under-banked, un-banked, and underserved consumers.-- ``(i) In general.--The Office of Community Affairs shall-- ``(I) lead coordination of research to identify any causes and challenges contributing to the decision of individuals who, and households that, do not initiate or maintain on-going and sustainable relationships with depository institutions, includi