Merger Process Review Act
- Last Action
- 2/25/2026
Actions
- 2026-02-25Placed on the Union Calendar, Calendar No. 453.
- 2026-02-25Reported (Amended) by the Committee on Financial Services. H. Rept. 119-528.
- 2026-02-25Reported (Amended) by the Committee on Financial Services. H. Rept. 119-528.
- 2025-12-17Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.
- 2025-12-17Committee Consideration and Mark-up Session Held
- 2025-12-16Committee Consideration and Mark-up Session Held
- 2025-12-09Referred to the House Committee on Financial Services.
- 2025-12-09Introduced in House
- 2025-12-09Introduced in House
CRS Summary
As of 2026-02-25 (07)
Merger Process Review Act
This bill requires the appropriate Office of the Inspector General (OIG) that serves the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to periodically review the merger applications received by that regulator.
Specifically, every three years, the appropriate OIG must examine that regulator’s merger approval procedures, including timeliness and efficiency, and report on its findings and recommendations. The regulator must then submit a plan to implement the appropriate recommendations.
Cosponsors (2)
- Warren Davidson (R-OH)
- Michael Lawler (R-NY)
Subjects
- Banking and financial institutions regulation
- Business records
- Congressional oversight
- Corporate finance and management
- Government information and archives
- Government studies and investigations
- Licensing and registrations
- Performance measurement
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.