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H.R. 1900IntroducedFINANCE AND FINANCIAL SECTOR

Bank Failure Prevention Act of 2025

Banking and financial institutions regulation · Business records · Corporate finance and management
Sponsor
Rep. Barr, Andy [R-KY-6]
R · KY-6
Key facts
Introduced: Mar 6, 2025
Chamber: House
Cosponsors: 3
Congress: 119th
Latest action · Jun 4, 2025
Placed on the Union Calendar, Calendar No. 101.

Summary

Bank Failure Prevention Act of 2025

This bill revises the Federal Reserve Board’s review process of merger and acquisition applications for bank holding companies.

Specifically, the board must notify the applicant within a certain time period regarding whether the application is complete or if additional information is required. The board must grant or deny such an application no later than 90 days after submission, regardless of whether the application was deemed complete. (Currently, the board must grant or deny an application no later than 90 days after receipt of a complete application.)

In addition, the board is prohibited from basing such application determinations on information provided by third parties.

Summary by Congressional Research Service.

Timeline

  1. Jun 4, 2025
    Placed on the Union Calendar, Calendar No. 101.
  2. Jun 4, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-132.
  3. Jun 4, 2025
    Reported (Amended) by the Committee on Financial Services. H. Rept. 119-132.
  4. May 21, 2025
    Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 21.
  5. May 21, 2025
    Committee Consideration and Mark-up Session Held
  6. Mar 6, 2025
    Referred to the House Committee on Financial Services.
  7. Mar 6, 2025
    Introduced in House
  8. Mar 6, 2025
    Introduced in House

Cosponsors

In the News

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