This bill changes how federal banking regulators do their job by adding a new priority to their mission. Right now, when agencies like the Federal Reserve, the FDIC, and the National Credit Union Administration oversee banks and credit unions, they focus mainly on making sure these institutions are safe and sound—meaning they won't fail and lose people's money. This bill says those agencies also need to think about economic growth when they make decisions about how strictly to regulate banks. In practical terms, this means when regulators are deciding whether to approve a bank's plans, set rules about lending, or conduct inspections, they should consider how their decisions might affect the overall economy and business growth, not just financial safety. It's essentially telling regulators to balance their traditional safety concerns with a new consideration for whether their actions help or hurt economic expansion.

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.