Friends, 

I hope you are doing well. As your Representative in Congress, it’s a priority to keep you informed of how we're serving you. If you would like to stay up to date, check out our website, and follow our Facebook, Twitter, and Instagram pages.

Looking forward to seeing you in Georgia's 11th Congressional District or in Washington, D.C. soon.  

God Bless,

Rep. Barry Loudermilk

U.S. Congressman, Georgia's Eleventh District

H.R. 4593 – SHOWER Act (Sponsored by Rep. Fry / Energy and Commerce Committee)
 
H.R. 5184 – Affordable HOMES Act (Sponsored by Rep. Houchin / Energy and Commerce Committee)

H.R. 6983 - Commerce, Justice, Science; Energy and Water Development; and Interior and Environment Appropriations Act, 2026

H.R. 1834 – Breaking the Gridlock Act (Rep. Jeffries Discharge Petition) (Sponsored by Rep. McGovern / Ways and Means Committee)

H.R. 6955, the Main Street Capital Access Act, sponsored by Chairman French Hill and Financial Institutions Subcommittee Chairman Andy Barr
A package of twenty-nine bills from the House Financial Services Committee that will restore regulatory fairness, transparency and right-sizing, promote a healthy and competitive banking industry, and improve access to funding and capital for small to mid-size banks.
This package also includes three of Congressman Loudermik’s bills:
 
Section 102: New BANK Act:
Requires the Federal Reserve Board, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and National Credit Union Administration to publish annual reports on applications received for Federal depository institution charters, depository institution holding companies, Federal deposit insurance, and State depository institution charters.
Background/Context: The chartering process for a new financial institution like a bank or credit union is multi-layered and complex. Organizers must choose between applying for a national charter or a state charter through the relevant banking authority.
The procedural and compliance requirements associated with each of these applications are extensive, and the timeline is often unpredictable. Also, the initial costs are steep – founders may face $30 million or more in combined startup capital and filing expenses before a bank ever opens its doors.
Will provide greater transparency by providing essential data on bank charter applications, mean and median approval times, and common reasons for denials for such applications.
 
Section 201: the TAILOR Act
Requires federal financial regulators to tailor the scope of their regulations to fit the risk profiles of individual business models.
Currently, most regulatory tailoring is done by asset value. This has the unintended consequence of deterring banks from passing key milestones due to the new regulatory requirements that would kick in on the other side, slowing healthy growth.
Risk-based tailoring is much more customized approach, allowing banks to take healthy risks and truly innovate. Because the Financial Services industry can’t ‘innovate’ in the same way that a factory might innovate by inventing a new and faster machine or process, much of the innovation depends on adopting new business models.
 
Section 404: American FIRST Act:
Requires the Federal Reserve Board, Office of the Comptroller of the Currency, and Federal Deposit Insurance Corporation to include in their respective annual reports information on their respective interactions with global financial regulatory or supervisory forums like the Basel Committee for the purpose of policy standardization, public transparency, and congressional oversight
Background/Context: Federal financial regulators, authorized by Congress to oversee participants in U.S. financial markets, must sometimes engage with foreign counterparts due to the global interconnectedness of financial systems. However, this does not grant them unlimited authority to impose domestic regulations under the guise of international cooperation. Regulators are bound by U.S. law and cannot unilaterally negotiate binding international agreements.
Federal banking agencies increasingly align with global governance bodies and the Executive Branch over Congress. To restore accountability, H.R. 6550 strengthens oversight by requiring mandatory annual reporting of all regulator interactions with non-governmental organizations

Letter led by Financial Services Committee Chairman French Hill to the Federal Reserve Board, Office of the Comptroller of the Currency, and FDIC urging them to move forward with reforming the bank regulatory capital framework, also known as  Basel III Endgame, in a manner that is appropriately calibrated, takes into account the potential economic impact, and ensures U.S. competitiveness.
As the letter notes, if the framework is inappropriately calibrated, excessive levels of required capital and the associated need for banks to direct available capital to the most productive risk-adjusted uses will likely lead to: increased mortgage costs for homeowners, less business investment, tighter margins for farmers and associated increases in the cost of food, and overall lower economic growth.

The Summer Seminar 2026 application is open from 1 Dec 2025 to 15 Jan 2026. Current high school juniors are invited to apply.
 
The Summer Seminar application can be accessed through the USAFA Admissions website, www.academyadmissions.com, and signing in to their portal account.
 
USAFA is offering the following three sessions:
-             Session A: June 2-6, 2026 (In Person)
-             Session B: June 8-12, 2026 (In Person)
-             Session C: June 15-19, 2026 (In Person)

Click HERE to read more

"Recently, the U.S. Department of Justice announced JobCorps will begin a phased pause in operations – but, there are still great free and low-cost programs to help young adults build their futures.”
 
Check out these alternatives:
✅ Georgia Youth ChalleNGe Program – Residential program for ages 16–18 focused on education + job skills.
✅ Technical College System of Georgia (TCSG) – Hands-on training in trades, healthcare, IT & more.
✅ Xcel Strategies – mentoring young people in Soft Skills, Job Skills and Trade Skills
✅ Georgia Building Trades Academy YouthBuild – For ages 16–24: GED prep, construction training, and leadership.
✅ Goodwill Career Centers – Job search help, workshops, and training all across GA.
 

1. Illegal criminals released into US by Biden admin ID’d as Portland Tren de Aragua gangbangers shot while trying to mow down feds
2. US seizes another sanctioned oil tanker in Caribbean: military
3. Vance Announces New Assistant Attorney General To Crack Down On Nationwide Fraud

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