H.R. 6838 — To amend the Federal Credit Union Act, the Federal Deposit Insurance Act, the Revised Statutes, and the Federal Reserve Act to require Federal banking agencies to consider economic growth when conducting supervisory functions.

H.R. 6838 — To amend the Federal Credit Union Act, the Federal Deposit Insurance Act, the Revised Statutes, and the Federal Reserve Act to require Federal banking agencies to consider economic growth when conducting supervisory functions. | JustPolicyThe purpose of this legislation is to modify existing banking laws to ensure that federal banking agencies consider economic growth alongside their traditional focus on safety and soundness when supervising financial institutions. The aim is to create a more balanced approach that encourages economic development while still maintaining the stability of the financial system. Key provisions of the legislation include amendments to several important banking laws.