Friday - May 22, 2026
CBO Issues Cost Estimate for FAIR Exams Act
May 22, 2026
WASHINGTON, May 22 -- The Congressional Budget Office issued the following cost estimate for the FAIR Exams Act (H.R. 940).

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The bill would

* Establish an Office of Independent Examination Review within the Federal Financial Institutions Examination Council

* Authorize financial institutions to request determinations from regulators about the permissibility of proposed actions

* Eliminate existing appeals processes at each fin . . .

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