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Bank Competition Modernization Act
To amend the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to require the consideration of certain entities and factors when evaluating proposed acquisitions, mergers, consolidations, assumptions of liabilities, or transfers of assets, and for other purposes.
- Introduced
- Committee
- Passed House
- Passed Senate
- To President
- Became law
Summary
Bank Competition Modernization Act
This bill allows financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic.
Currently, regulators are prohibited from approving a bank acquisition, merger, or consolidation that would result in a monopoly, that would be in furtherance of a conspiracy or attempt to create a monopoly, the approval of which would substantially lessen competition, or that would otherwise restrain trade.
The bill prohibits regulators from considering these factors for mergers that would result in an entity with less than $10 billion in assets. This threshold must be adjusted annually to reflect increases in the U.S. nominal gross domestic product.
Summary by the Congressional Research Service, Library of Congress.
Actions
- Nov 4, 2025 Placed on the Union Calendar, Calendar No. 317.
- Nov 4, 2025 Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
- Sep 16, 2025 Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
- Sep 16, 2025 Committee Consideration and Mark-up Session Held
- Sep 10, 2025 Referred to the House Committee on Financial Services.
- Sep 10, 2025 Introduced in House
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