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H.R. 6546119th CongressPlaced on the calendarLatest action Feb 25, 2026Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
Inspectors General must study bank and credit union merger review delays every three years and report fixes to Congress.
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H.R. 6546 requires Inspectors General at the Federal Reserve, OCC, FDIC, and NCUA to regularly review how their agencies process bank and credit union merger applications. Starting one year after enactment and every three years after, they must study processing times, identify delays, and recommend efficiency improvements, reporting findings to Congress with a written agency response plan.
The Federal Reserve, OCC, FDIC, and NCUA face new reporting duties; banks and credit unions seeking mergers are also affected.
The bill adds oversight and transparency requirements without changing merger rules or regulators' approval authority, potentially affecting how predictably merger reviews proceed.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Placed on the Union Calendar, Calendar No. 453.