United StatesMerger Process Review Act
What it does
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.
More detail
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.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 25Reported (Amended) by the Committee on Financial Services. H. Rept. 119-528.Latest
- Feb 25Placed on the Union Calendar, Calendar No. 453.
- 2025
- Dec 17Committee Consideration and Mark-up Session Held
- Dec 17Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 0.
- Dec 16Committee Consideration and Mark-up Session Held
- Dec 9Introduced in House
- Dec 9Referred to the House Committee on Financial Services.Introduced