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House committee backs bill to make CAMELS ratings more objective
3428708 · May 21, 2025
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Summary
Representative Mike Fitzgerald said HR 33 79, the HUMPS Act, would require objective, measurable criteria for CAMELS ratings to reduce subjectivity in bank examinations.
Halting Uncertain Methods and Practices in Supervision (HUMPS) Act aims to make CAMELS ratings less subjective.
Representative Mike Fitzgerald introduced HR 33 79, the Halting Uncertain Methods and Practices in Supervision (HUMPS) Act, calling for objective, measurable criteria for each CAMELS component and for the Federal Financial…
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