Fair Audits and Inspections for Regulators’ Exams Act

This bill establishes new procedures for financial institutions to challenge regulatory exam findings. It requires agencies to issue final exam reports within 60 days and creates an Office of Independent Examination Review to handle appeals of "material supervisory determinations." Financial institutions can request independent reviews of significant exam findings, with decisions required within 60 days, and prohibits retaliation for using these review rights. The bill applies to all federally regulated banks, credit unions, and their examiners under the Federal Financial Institutions Examination Council framework.