Bank regulators would study ways to better protect your money when banks fail.
This bill would require two key government agencies, the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC), to study how they handle failed banks. They would look into specific tools called "shelf charters" and "modified bidder qualification processes." The goal is to see if these tools could help protect the Deposit Insurance Fund, which insures your bank deposits, and keep the financial system stable.
Today, there is no specific law requiring the Comptroller of the Currency and the Federal Deposit Insurance Corporation (FDIC) to jointly study how they use "shelf charters" and "modified bidder qualification processes" when banks fail, especially concerning 2023 failures. If this bill becomes law, these two agencies would be required to conduct such a study and report their findings and recommendations to Congress within 270 days.
HR 6555 · 119th Congress · December 10, 2025 · AI Summary by gemini-2.5-flash · 9/10
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4 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.