Federal watchdogs would regularly check how quickly bank and credit union mergers get approved.
This bill would make independent watchdogs for federal financial agencies regularly review how fast and efficiently they process applications for bank and credit union mergers. This means banks and credit unions applying to merge might see their applications handled more smoothly. Currently, there is no set requirement for these regular checks.
Today, there's no set rule for federal watchdogs to regularly check how quickly agencies approve bank and credit union mergers. If this bill passes, these watchdogs would have to conduct a review every three years, starting within one year. The goal is to find ways to speed up the process. The agencies would then need to tell Congress how they plan to address these findings.
HR 6546 · 119th Congress · December 9, 2025 · AI Summary by gemini-2.5-flash · 9/10
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3 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.