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.
Legislative Progress
ReportedReported with an amendment, committed to the Committee of the …
Mr. Fitzgerald introduced the following bill; which was referred to …
Summary
What This Bill Does
Expands competitive factors analysis in bank mergers to include competition from credit unions, fintech, Farm Credit, and other non-bank lenders. Creates expedited review for mergers under $10B.
Who Benefits and How
- Banks seeking mergers face more realistic competitive analysis
- Smaller banks under $10B gain expedited merger review
- Consolidating institutions benefit from broader competitive context
Who Bears the Burden and How
- DOJ must consider broader range of competitors in analysis
- Non-bank competitors included in competitive assessment
- Regulators implement expanded review framework
Key Provisions
- Competitive analysis includes credit unions, fintech, Farm Credit
- Expedited review for mergers resulting in under $10B entity
- DOJ considers full range of deposit and loan competitors
- Applies to FDIC, OCC, and Fed merger reviews
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Requires bank merger competitive analysis to consider competition from non-bank financial companies
Policy Domains
Legislative Strategy
"Facilitate bank consolidation through realistic competitive analysis"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "attorney_general"
- → Attorney General
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology