Economic Growth and Regulatory Paperwork Reduction Act of 1996: Regulatory Review to Identify Outdated, Unnecessary, or Unduly Burdensome Regulations
July 27, 2025 / Source: OCC
On July 25, 2025, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) published in the Federal Register their fourth notice requesting comment on their regulations pursuant to the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). EGRPRA requires the agencies to review their regulations every 10 years to identify outdated, unnecessary, or unduly burdensome regulations applicable to insured depository institutions. To facilitate this review, the agencies divided their regulations into 12 subject-matter categories and identified the regulations in each category. This notice requests comments on agency regulations in the Banking Operations, Capital, and Community Reinvestment Act categories. Comments on these rules are due October 23, 2025.
The agencies have also held two public outreach meetings to provide interested parties with an opportunity to comment on regulatory burden reduction directly to staff members and senior management of the agencies. More information about future outreach meetings will be available soon.
Note for Community Banks
Community bankers are encouraged to identify regulations that are outdated, unnecessary, or unduly burdensome to community banks.
Highlights
- The agencies are soliciting comments on their regulations related to Banking Operations, Capital, and the Community Reinvestment Act.
- Comments may be submitted through the agencies’ EGRPRA website, [http://egrpra.ffiec.gov]. Additional methods of commenting are discussed in the Federal Register notice.
- To aid commenters, the notice includes a chart identifying the rules on which the agencies are currently seeking comment.
This notice provides a 90-day comment period, with comments due October 23, 2025.
Further Information
Please contact Allison Hester-Haddad, Special Counsel, Daniel Amodeo, Counsel, or John Cooper, Counsel, Chief Counsel’s Office, at (202) 649-5490.
Stuart E. Feldstein
Acting Senior Deputy Comptroller and Chief Counsel