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H.R. 6570119th CongressPlaced on the calendarLatest action Feb 25, 2026Decoded by AI · checked against the record
Official title: Merger Agreement Approvals Clarity and Predictability Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill orders a GAO study on whether bank merger conditions follow the law or outside factors, with a report due in six months.
40-second read · 4 questions answered below
This bill directs the GAO to study how federal regulators handle "commitments and conditions" placed on bank and credit union mergers, such as lending levels, branch retention, or community service goals. It requires a report to Congress within six months of enactment, including data and an assessment of whether current practices match legal requirements.
The study covers the Federal Reserve, the Comptroller of the Currency, the FDIC, and the National Credit Union Administration. Banks and credit unions going through merger approval processes would be most directly affected.
The bill does not change merger rules itself, but its findings could later influence how Congress or regulators revise merger review procedures, potentially affecting loan access, branch locations, and community banking services.
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. 460.