On July 21, 2025, the federal bank regulatory agencies announced their fourth notice requesting public comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) requires the agencies to review their regulations at least once every 10 years to identify outdated, unnecessary, or unduly burdensome regulatory requirements for their supervised institutions.
The agencies are now soliciting comments on their regulations for the three remaining out of the 12 categories, namely:
Banking Operations;
Capital;
and the Community Reinvestment Act (CRA).
The agencies said that they will hold outreach meetings where interested parties may comment on applicable regulatory requirements directly to the agencies. Comments will be accepted within 90 days from publication of the Notice in the Federal Register.
The OCC’s press release can be found here.
The Notice can be found here.
