HR 5262
· 119th Congress
· Finance and Financial Sector
Bank Competition Modernization Act
Sponsor
Latest action
Placed on the Union Calendar, Calendar No. 317.
Action timeline
Every recorded action on this bill, newest first. Stage badges color-code the legislative path.
Nov 04, 2025
committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
Financial Services Committee
Nov 04, 2025
other
Placed on the Union Calendar, Calendar No. 317.
Sep 16, 2025
committee
Committee Consideration and Mark-up Session Held
Financial Services Committee
Sep 16, 2025
committee
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
Financial Services Committee
Sep 10, 2025
introduced
Introduced in House
Sep 10, 2025
introduced
Referred to the House Committee on Financial Services.
Financial Services Committee
Text versions
Each stage of the bill — official text published by GPO. Click any format to read on congress.gov / govinfo.
CRS summaries
Plain-English summaries written by the Congressional Research Service — neutral, nonpartisan staff who summarize bills as they advance through stages. The authoritative description of what each version of the bill does.
07
Reported to House
Nov 04, 2025
Bank Competition Modernization Act
This bill allows financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic.
Currently, regulators are prohibited from approving a bank acquisition, merger, or consolidation that would result in a monopoly, that would be in furtherance of a conspiracy or attempt to create a monopoly, the approval of which would substantially lessen competition, or that would otherwise restrain trade.
The bill prohibits regulators from considering these factors for mergers that would result in an entity with less than $10 billion in assets. This threshold must be adjusted annually to reflect increases in the U.S. nominal gross domestic product.
via Congressional Research Service · published through congress.gov
Changelog
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih / is — Introduced in House / Senate. First filed version.rfh / rfs — Referred to a committee for review.rh / rs — Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs / pch — Placed on Calendar for floor consideration.eh / es — Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh / rds — Received by the other chamber.eah / eas — Engrossed Amendment. The other chamber passed an amended version.ath / ats — Agreed to. Both chambers settled on the same text.enr — Enrolled. Final reconciled text, sent to the President.pl — Public Law. Signed by the President. It's now law.pp — Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
ⓘ
How a bill moves through Congress. Each stage produces a new official text. The diff between them shows what changed at that step.
ih/is— Introduced in House / Senate. First filed version.rfh/rfs— Referred to a committee for review.rh/rs— Reported back by the committee to the floor (often with amendments — this is where most language changes happen).pcs/pch— Placed on Calendar for floor consideration.eh/es— Engrossed. Passed by the originating chamber. Text is now what was actually voted on.rdh/rds— Received by the other chamber.eah/eas— Engrossed Amendment. The other chamber passed an amended version.ath/ats— Agreed to. Both chambers settled on the same text.enr— Enrolled. Final reconciled text, sent to the President.pl— Public Law. Signed by the President. It's now law.pp— Public Print. Official printing post-enactment.
Most bills die before eh/es. Going from pcs → enr is the full path through both chambers.
Line-level diff between text versions of this bill — what actually changed at each legislative stage.
+159
−139
23 unchanged
--- Introduced (House)
+++ Reported (House)
@@ -1,11 +1,14 @@
[From the U.S. Government Publishing Office]
-[H.R. 5262 Introduced in House (IH)]
+[H.R. 5262 Reported in House (RH)]
<DOC>
+Union Calendar No. 317
119th CONGRESS
1st Session
H. R. 5262
+
+[Report No. 119-365]
To amend the Federal Deposit Insurance Act, the Bank Holding Company
Act of 1956, and the Home Owners' Loan Act to require the consideration
@@ -22,6 +25,15 @@
Mr. Fitzgerald introduced the following bill; which was referred to the
Committee on Financial Services
+November 4, 2025
+
+Reported with an amendment, committed to the Committee of the Whole
+House on the State of the Union, and ordered to be printed
+[Strike out all after the enacting clause and insert the part printed
+in italic]
+[For text of introduced bill, see copy of bill as introduced on
+September 10, 2025]
+
_______________________________________________________________________
A BILL
@@ -44,145 +56,153 @@
(a) In General.--Section 18(c) of the Federal Deposit Insurance Act
(12 U.S.C. 1828(c)) is amended--
-(1) in paragraph (4)--
-(A) in subparagraph (C)--
-(i) in clause (i), by striking ``or'' at
-the end';
-(ii) in clause (ii), by striking the period
-at the end and inserting ``; or''; and
-(iii) by adding at the end the following:
-``(iii) if the proposed acquisition,
-merger, consolidation, assumption of
-liabilities, or transfer of assets under this
-section would result in an entity with less
-than $10,000,000,000 in assets.''; and
-(B) by adding at the end the following:
-``(D) Considerations.--When compiling a report on
-competitive factors relative to insured depository
-institutions under this paragraph at the request of the
-responsible agency, the Attorney General shall consider
-the banking products and services offered by the
-following types of entities, including loans and
-deposits:
-``(i) Depository institutions, as such term
-is defined in section 3(c) of the Federal
-Deposit Insurance Act (12 U.S.C. 1813(c)).
-``(ii) Depository institution holding
-companies, as such term is defined in section
-3(w) of the Federal Deposit Insurance Act (12
-U.S.C. 1813(w)).
-``(iii) Industrial loan companies,
-industrial banks, or other similar
-institutions, as such term is defined in
-section 2(c) of the Bank Holding Company Act
-(12 U.S.C. 1841(c)).
-``(iv) Entities chartered and operating
-under the Farm Credit Act of 1971.
-``(v) Nonbank financial companies, as such
-term is defined in section 102 of the Financial
-Stability Act of 2010.
-``(vi) Insured credit unions and noninsured
-credit unions, as such terms are defined in
-section 101 of the Federal Credit Union Act.'';
-and
+(1) in paragraph (4)(C)--
+(A) in clause (i), by striking ``or'' at the end;
+(B) in clause (ii), by striking the period at the
+end and inserting ``; or''; and
+(C) by adding at the end the following:
+``(iii) the proposed merger transaction
+would result in an entity with less than
+$10,000,000,000 in assets.''; and
(2) by adding at the end the following:
-``(14) For proposed transactions resulting in entities with
-less than $10,000,000,000 in assets.--If a proposed
-acquisition, merger, consolidation, assumption of liabilities,
-or transfer of assets under this section would result in an
-entity with less than $10,000,000,000 in assets, then the
-responsible agency shall find that such acquisition, merger,
-consolidation, assumption of liabilities, or transfer of assets
-would not--
-``(A) result in a monopoly, or be in furtherance of
-any combination or conspiracy to monopolize or to
-attempt to monopolize the business of banking in any
-part of the United States; and
-``(B) have the effect in any section of the country
-of substantially to lessening competition, tending to
-create a monopoly, or in any other manner restraining
-trade.''.
+``(14) For Merger Transactions Resulting in Institutions With Less
+Than $10,000,000,000 in Assets.--
+``(A) In general.--Notwithstanding paragraph (5), if a
+proposed merger transaction would result in an institution with
+less than $10,000,000,000 in assets, then the responsible
+agency shall not consider whether such merger transaction
+would--
+``(i) result in a monopoly, or would be in
+furtherance of any combination or conspiracy to
+monopolize or to attempt to monopolize the business of
+banking in any part of the United States; and
+``(ii) have the effect in any section of the
+country of substantially lessening competition, tending
+to create a monopoly, or in any other manner
+restraining trade.
+``(B) Threshold adjustment.--
+``(i) In general.--At the end of each year for
+which the nominal gross domestic product of the United
+States increases (a `covered year'), the Corporation
+shall adjust the dollar figures described in
+subparagraph (A) and paragraph (4)(C)(iii) by a
+percentage equal to the percentage increase (if any)
+between--
+``(I) the nominal gross domestic product of
+the United States for the year, during the
+preceding 5 years, with respect to which the
+nominal gross domestic product of the United
+States was the highest; and
+``(II) the nominal gross domestic product
+of the United States for the covered year.
+``(ii) Determination of gdp.--In this paragraph,
+the Corporation shall use nominal gross domestic
+product statistics determined by the Bureau of Economic
+Analysis.''.
(b) For Bank Holding Companies.--Section 3(c) of the Bank Holding
Company Act of 1956 (12 U.S.C. 1842(c)) is amended by adding at the end
the following:
-``(8) Considerations with respect to competitive factors.--
-When evaluating competitive factors relative to a proposed
-acquisition, merger, consolidation, assumption of liabilities,
-or transfer of assets, under paragraph (1), the Board shall
-consider the banking products and services offered by the
-following types of entities, including loans and deposits:
-``(A) Depository institutions, as such term is
-defined in section 3(c) of the Federal Deposit
-Insurance Act (12 U.S.C. 1813(c)).
-``(B) Depository institution holding companies, as
-such term is defined in section 3(w) of the Federal
-Deposit Insurance Act (12 U.S.C. 1813(w)).
-``(C) Industrial loan companies, industrial banks,
-or other similar institutions, as such term is defined
-in section 2(c) of the Bank Holding Company Act (12
-U.S.C. 1841(c)).
-``(D) Entities chartered and operating under the
-Farm Credit Act of 1971.
-``(E) Nonbank financial companies, as such term is
-defined in section 102 of the Financial Stability Act
-of 2010.
-``(F) Insured credit unions and noninsured credit
-unions, as such terms are defined in section 101 of the
-Federal Credit Union Act.
-``(9) For proposed transactions resulting in entities with
-less than $10,000,000,000 in assets.--If a proposed
-acquisition, merger, consolidation, assumption of liabilities,
-or transfer of assets under this section would result in an
-entity with less than $10,000,000,000 in assets, then the Board
-shall find that such acquisition, merger, consolidation,
-assumption of liabilities, or transfer of assets would not--
-``(A) result in a monopoly, or be in furtherance of
-any combination or conspiracy to monopolize or to
-attempt to monopolize the business of banking in any
-part of the United States; and
-``(B) have the effect in any section of the country
-of substantially to lessening competition, tending to
-create a monopoly, or in any other manner restraining
-trade.''.
-(c) For Savings Associations.--Section 10(e)(2) of the Home Owners'
-Loan Act is amended by adding at the end the following:
-``(8) Considerations with respect to competitive factors.--
-When evaluating competitive factors relative to a proposed
-acquisition, merger, consolidation, assumption of liabilities,
-or transfer of assets, under paragraph (1), the Board shall
-consider the banking products and services offered by the
-following types of entities, including loans and deposits:
-``(A) Depository institutions, as such term is
-defined in section 3(c) of the Federal Deposit
-Insurance Act (12 U.S.C. 1813(c)).
-``(B) Depository institution holding companies, as
-such term is defined in section 3(w) of the Federal
-Deposit Insurance Act (12 U.S.C. 1813(w)).
-``(C) Industrial loan companies, industrial banks,
-or other similar institutions, as such term is defined
-in section 2(c) of the Bank Holding Company Act (12
-U.S.C. 1841(c)).
-``(D) Entities chartered and operating under the
-Farm Credit Act of 1971.
-``(E) Nonbank financial companies, as such term is
-defined in section 102 of the Financial Stability Act
-of 2010.
-``(F) Insured credit unions and noninsured credit
-unions, as such terms are defined in section 101 of the
-Federal Credit Union Act.
-``(9) For proposed transactions resulting in entities with
-less than $10,000,000,000 in assets.--If a proposed
-acquisition, merger, consolidation, assumption of liabilities,
-or transfer of assets under this section would result in an
-entity with less than $10,000,000,000 in assets, then the Board
-shall find that such acquisition, merger, consolidation,
-assumption of liabilities, or transfer of assets would not--
-``(A) result in a monopoly, or be in furtherance of
-any combination or conspiracy to monopolize or to
-attempt to monopolize the business of banking in any
-part of the United States; and
-``(B) have the effect in any section of the country
-of substantially to lessening competition, tending to
-create a monopoly, or in any other manner restraining
-trade.''.
-<all>
+``(8) For proposed transactions resulting in companies with
+less than $10,000,000,000 in assets.--
+``(A) In general.--Notwithstanding paragraph (1),
+if a proposed acquisition, merger, or consolidation
+under this section would result in a company with less
+than $10,000,000,000 in assets, then the Board shall
+not consider whether such acquisition, merger, or
+consolidation would--
+``(i) result in a monopoly, or would be in
+furtherance of any combination or conspiracy to
+monopolize or to attempt to monopolize the
+business of banking in any part of the United
+States; and
+``(ii) have the effect in any section of
+the country of substantially lessening
+competition, tending to create a monopoly, or
+in any other manner restraining trade.
+``(B) Threshold adjustment.--
+``(i) In general.--At the end of each year
+for which the nominal gross domestic product of
+the United States increases (a `covered year'),
+the Board shall adjust the dollar figure
+described in subparagraph (A) by a percentage
+equal to the percentage increase (if any)
+between--
+``(I) the nominal gross domestic
+product of the United States for the
+year, during the preceding 5 years,
+with respect to which the nominal gross
+domestic product of the United States
+was the highest; and
+``(II) the nominal gross domestic
+product of the United States for the
+covered year.
+``(ii) Determination of gdp.--In this
+paragraph, the Board shall use nominal gross
+domestic product statistics determined by the
+Bureau of Economic Analysis.''.
+(c) For Savings and Loan Holding Companies.--Section 10(e) of the
+Home Owners' Loan Act (12 U.S.C. 1467a(e)) is amended by adding at the
+end the following:
+``(8) For proposed transactions resulting in companies with
+less than $10,000,000,000 in assets.--
+``(A) In general.--Notwithstanding subparagraphs
+(A) and (B) of paragraph (2), if a proposed transaction
+under this section would result in a company with less
+than $10,000,000,000 in assets, then the Board shall
+not consider whether the transaction would--
+``(i) result in a monopoly, or would be in
+furtherance of any combination or conspiracy to
+monopolize or to attempt to monopolize the
+savings and loan business in any part of the
+United States; and
+``(ii) have the effect in any section of
+the country of substantially lessening
+competition, tending to create a monopoly, or
+in any other manner restraining trade.
+``(B) Threshold adjustment.--
+``(i) In general.--At the end of each year
+for which the nominal gross domestic product of
+the United States increases (a `covered year'),
+the Board shall adjust the dollar figure
+described in subparagraph (A) by a percentage
+equal to the percentage increase (if any)
+between--
+``(I) the nominal gross domestic
+product of the United States for the
+year, during the preceding 5 years,
+with respect to which the nominal gross
+domestic product of the United States
+was the highest; and
+``(II) the nominal gross domestic
+product of the United States for the
+covered year.
+``(ii) Determination of gdp.--In this
+paragraph, the Board shall use nominal gross
+domestic product statistics determined by the
+Bureau of Economic Analysis.''.
+Union Calendar No. 317
+
+119th CONGRESS
+
+1st Session
+
+H. R. 5262
+
+[Report No. 119-365]
+
+_______________________________________________________________________
+
+A BILL
+
+To amend the Federal Deposit Insurance Act, the Bank Holding Company
+Act of 1956, and the Home Owners' Loan Act to require the consideration
+of certain entities and factors when evaluating proposed acquisitions,
+mergers, consolidations, assumptions of liabilities, or transfers of
+assets, and for other purposes.
+
+_______________________________________________________________________
+
+November 4, 2025
+
+Reported with an amendment, committed to the Committee of the Whole
+House on the State of the Union, and ordered to be printed
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4
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2
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1
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