To codify Executive Order 14331 on fair banking.

# HR 5014 Summary **What the Bill Would Do:** HR 5014 would write into federal law the requirements from Executive Order 14331, which was issued to address concerns about banking practices the administration viewed as unfair or discriminatory. By "codifying" the executive order, Congress would make these rules permanent law rather than leaving them as an executive directive that could be changed by future presidents. The specific details of what practices the bill targets aren't fully clear from the basic information available, as the bill summary doesn't specify which banking practices it addresses. **Who It Affects:** This legislation would primarily affect banks and financial institutions, which would need to comply with the codified requirements. Consumers who use banking services could also be affected depending on what rules the bill establishes—potentially influencing lending practices, account access, or service policies.

The bill's practical impact would depend on the specific provisions of Executive Order 14331. **Current Status:** HR 5014 is currently in committee, meaning it has been referred to the relevant House committee for review and hasn't yet advanced to a floor vote. The bill was introduced by Rep. Andy Barr (R-KY).