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US HB6570
Bill
Status
12/10/2025
Primary Sponsor
Scott Fitzgerald
Click for details
AI Summary
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Requires the Comptroller General (GAO) to conduct a study on how federal banking regulators use commitments and conditions when reviewing insured depository institution merger applications
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Study must evaluate whether merger conditions align with statutory requirements or have been influenced by extrastatutory issues and considerations
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Study must assess impacts of merger review procedures on safety and soundness, financial stability, competition, and availability of financial products and services
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GAO must submit a report to Congress within 1 year of enactment containing all findings and determinations
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Applies to merger reviews by the Federal Reserve, OCC, FDIC, and National Credit Union Administration under various banking statutes including the Bank Holding Company Act and Federal Deposit Insurance Act
Legislative Description
Merger Agreement Approvals Clarity and Predictability Act
Finance and financial sector
Last Action
Placed on the Union Calendar, Calendar No. 460.
2/25/2026