H.R. 5262Heading to a voteJobs & the economy
Bill would fast-track bank mergers under $10 billion in assets
Data as of July 23, 2026
Mergers creating banks with under $10 billion in combined assets would win automatic antitrust approval under this bill.AI-decoded40-second read · 4 questions answered below
Decoded
AI-decodedWhat does this do?
This bill requires regulators to weigh competition from credit unions, farm credit lenders, industrial loan companies, and other nonbank firms, not just other banks, when reviewing bank mergers. It also creates an automatic approval rule: mergers resulting in a combined bank under $10 billion in assets must be found to not hurt competition or create a monopoly, with no further analysis required.
Who does it affect?
Banks and savings institutions seeking to merge, especially smaller and mid-sized ones, plus regulators including the Federal Reserve, FDIC, and Office of the Comptroller of the Currency.
Why does it matter?
Easier approval for smaller mergers could increase merger activity in that size range, which may change the number of local banking options available to customers.
Where does it stand?
- Introduced
- House committee
- House vote — You are here
- Senate
- President's desk
Right now: it's headed for a House floor vote. If the Senate changes it, it goes back to the House before reaching the President.
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Official title
Bank Competition Modernization Act
- Introduced:
- September 10, 2025
- Latest action:
- November 4, 2025
Placed on the Union Calendar, Calendar No. 317.
Read the official bill on Congress.gov