US HB6553

Increases asset thresholds for enhanced prudential standards under Dodd-Frank, raising the primary threshold from $250 billion to $370 billion and the secondary threshold from $100 billion to $150 billion for bank holding companies

Raises the Federal Reserve assessment threshold from $100 billion to $150 billion, and the assessment range from $100-250 billion to $150-370 billion for bank and savings and loan holding companies

Increases the Bank Holding Company Act threshold for financial activities from $10 billion to $15 billion in total consolidated assets

Requires the Board of Governors to automatically adjust all covered thresholds every 5 years starting April 1, 2031, based on growth in current-dollar U.S. gross domestic product

Mandates the Federal Reserve, OCC, and FDIC review and adjust non-statutory regulatory thresholds every 5 years starting June 30, 2026, with required reporting to Congress on any modifications