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H.R. 5262119th CongressPlaced on the calendarLatest action Nov 4, 2025Decoded by AI · checked against the record
Official title: Bank Competition Modernization Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
Mergers creating banks with under $10 billion in combined assets would win automatic antitrust approval under this bill.
40-second read · 4 questions answered below
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.
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.
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.
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. 317.