SMART Act of 2025
Summary
The SMART Act of 2025 (HR4437) provides limited-scope and combined examination relief for small depository institutions and credit unions with assets of $6 billion or less. The bill passed the House and is now in the Senate Banking Committee. It does not affect large-cap banks in the provided financial data, and no specific publicly traded tickers are directly impacted by this early-stage legislation.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.SMART Act reduces examination frequency and allows combined exams for small banks/credit unions with ≤$6B assets.
- 2.Bill passed House with bipartisan support; now in Senate Banking Committee.
- 3.No direct impact on large-cap banks (JPM, BAC, C, etc.) from provided data; potential beneficiaries are smaller regional banks not listed.
- 4.No funding authorized; regulatory relief only.
Market Implications
The SMART Act has negligible near-term market implications for the large-cap financial institutions in the provided data. For investors holding small regional bank stocks (e.g., $KEY, $HBAN, $RF), the bill could reduce compliance costs and improve margins if enacted, but the bill is still in early Senate stages. No price movements are cited as no real market data for these tickers is available.
Full Analysis
The SMART Act of 2025 was introduced in the House on July 16, 2025, by Rep. Timmons (R-SC) and passed under suspension of the rules on May 12, 2026. It was received in the Senate and referred to the Committee on Banking, Housing, and Urban Affairs on May 13, 2026. The bill amends the Federal Deposit Insurance Act to mandate that well-capitalized and well-managed institutions with $6 billion or less in assets receive a limited-scope examination in the year following a full-scope exam, and allows them to request combined safety and soundness, consumer compliance, and IT/cybersecurity examinations. This reduces regulatory burden for small community banks and credit unions. The bill does not authorize any spending; it is a regulatory relief measure. The provided SEC EDGAR financial data includes only large institutions (JPM, BAC, C, WFC, GS, MS, BLK, SCHW) with assets far exceeding $6 billion, so none are directly affected. The legislative path remains: the Senate committee must report the bill, then it can be considered by the full Senate. Given the bipartisan support (original cosponsor Rep. Foster, D-IL) and House passage, the bill has moderate momentum but is still early in the Senate. No specific publicly traded tickers can be identified from the data as beneficiaries; the impact is limited to small, often privately held or smaller publicly traded regional banks not covered in the provided financials.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Establishment of a Committee of Inquiry to Investigate Allegations of False Statements by Lisa DeNell Cook
This memorandum establishes a committee to investigate Federal Reserve Governor Lisa Cook for alleged false statements related to mortgage instruments, with a hearing scheduled and a recommendation on removal. It directs the Attorney General, Counsel to the President, and others to participate, and sets a timeline for findings.
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →