Referred to the House Committee on Financial Services.
Requires Inspectors General (IGs) of the Federal Reserve, OCC, FDIC, and NCUA to review each agency's handling of insured depository institution merger applications within one year of enactment and every three years thereafter. Reviews must evaluate processing timeliness and efficiency, quantify mean/median processing times, identify sources of delay, consider alternative procedures, and evaluate impacts on safety, stability, competition, and service availability.
Progressive worries reviews will be used to speed approvals and enable consolidation
Relative to its intended legislative type, this bill functions as a focused reporting/oversight measure that prescribes periodic Inspector General reviews, enumerates review topics, and requires publication and agency responses, but it leaves key implementation details (funding, response deadlines, handling of sensitive information, and methodological standards) unaddressed.
Requires Inspectors General (IGs) of the Federal Reserve, OCC, FDIC, and NCUA to review each agency's handling of insured depository institution merger applications within one year of enactment and every three years thereafter.
Reviews must evaluate processing timeliness and efficiency, quantify mean/median processing times, identify sources of delay, consider alternative procedures, and evaluate impacts on safety, stability, competition, and service availability.
Each IG must publish a report to Congress with findings and recommendations; the regulated agency must respond publicly with a plan to implement appropriate recommendations.
Narrow oversight bill with low fiscal impact and clear deliverables has a reasonably high chance, though Senate procedure and regulator pushback add uncertainty.
Relative to its intended legislative type, this bill functions as a focused reporting/oversight measure that prescribes periodic Inspector General reviews, enumerates review topics, and requires publication and agency responses, but it leaves key implementation details (funding, response deadlines, handling of sensitive information, and methodological standards) unaddressed.
Progressive worries reviews will be used to speed approvals and enable consolidation
These are examples from the analysis, not a ranked list of the most-affected groups.
Progressive worries reviews will be used to speed approvals and enable consolidation
Views the bill as a transparency and oversight measure with potential public-interest benefits but also risks.
Supports scrutiny of merger review processes to protect consumers and access, yet worries the reviews could be used to pressure faster approvals that increase consolidation.
Wants explicit safeguards for safety, soundness, competition, and community banking access.
Sees the bill as a pragmatic accountability step to make merger reviews more data-driven and efficient.
Supports regular IG reviews and public reporting, while cautioning against imposing unrealistic timelines or undermining supervisory discretion.
Wants adequate resourcing for IGs and protections for confidential supervisory materials.
Likely views the bill favorably as a way to hold regulators accountable and reduce unnecessary delay in bank mergers.
Appreciates measures that quantify processing times and identify procedural bottlenecks.
Concerned only if reviews add regulatory bureaucracy or increase costs.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Narrow oversight bill with low fiscal impact and clear deliverables has a reasonably high chance, though Senate procedure and regulator pushback add uncertainty.
The bill has not accumulated any surfaced votes yet.
Progressive worries reviews will be used to speed approvals and enable consolidation
Narrow oversight bill with low fiscal impact and clear deliverables has a reasonably high chance, though Senate procedure and regulator pus…
Relative to its intended legislative type, this bill functions as a focused reporting/oversight measure that prescribes periodic Inspector General reviews, enumerates review topics, and requires publication and agency r…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.