HR 940
FAIR Exams Act
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 16, 2026, 8:18 PM
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
The FAIR Exams Act aims to increase transparency and accountability in how federal banking regulators examine financial institutions. It establishes an Office of Independent Examination Review to allow financial institutions to challenge examination findings and ensures regulators provide timely examination reports and list the evidence used in their decisions. The bill also mandates a process for financial institutions to request an independent review of significant supervisory determinations and includes provisions to prevent retaliation against institutions exercising their appeal rights.
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