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Congress·Reported·3 months ago

Government study of rules used to approve bank and credit union mergers

Also known as: Merger Agreement Approvals Clarity and Predictability Act

Legislative Progress

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House
Senate
President

Key Points

  • Orders an independent government watchdog to review how bank and credit union regulators add extra conditions when approving mergers
  • Checks whether those conditions follow the law or bring in unrelated issues
  • Report to Congress due within 6 months, which could guide future rules and court fights
  • Does not change your accounts or fees today, but could shape how many branches remain after mergers
  • Aims to make merger decisions more predictable for customers, workers, and small businesses
EconomyConsumer ProtectionSmall Business

Milestones

3 milestones7 actions
Feb 25, 2026House

Placed on the Union Calendar, Calendar No. 460.

Feb 25, 2026House

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-535.

Dec 17, 2025House

Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.

Dec 17, 2025House

Committee Consideration and Mark-up Session Held

Dec 16, 2025House

Committee Consideration and Mark-up Session Held

Source Information

Document Type

Congressional Bill

Official Title

Merger Agreement Approvals Clarity and Predictability Act

Bill NumberHR 6570
Congress119th Congress
ChamberHouse of Representatives
Latest ActionPlaced on the Union Calendar, Calendar No. 460.

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. While we strive for accuracy, this should not be considered legal or professional advice. Always verify information with official government sources.