Bank Failure Prevention Act of 2025
The summary
What this bill does
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.
Legislative timeline
From introduction
Mar 6, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - KY District 6 · R-KY
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 1900 |
| Origin Chamber | House |
| Current Status | Placed on the Union Calendar, Calendar No. 101. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | March 6, 2025 |
| Latest Action | June 4, 2025 |
| Cosponsors | 3 · House vote — · 1 views |