119th Congress

H.R. 5262

Bank Competition Modernization Act

Introduced
In committee
Passed House
Passed Senate
To President
Became law

Sponsor: Scott Fitzgerald(R-WI)
Introduced: Sep 10, 2025
Policy area: Finance and Financial Sector
Committees: House Committee on Financial Services
Official text: Reported in House · Congress.gov page

Cosponsors (0)

No cosponsors.

Summary

Summary by the Congressional Research Service· describes the “Reported to House” version

Bank Competition Modernization Act This bill allows financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic. Currently, regulators are prohibited from approving a bank acquisition, merger, or consolidation that would result in a monopoly, that would be in furtherance of a conspiracy or attempt to create a monopoly, the approval of which would substantially lessen competition, or that would otherwise restrain trade. The bill prohibits regulators from considering these factors for mergers that would result in an entity with less than $10 billion in assets. This threshold must be adjusted annually to reflect increases in the U.S. nominal gross domestic product.

Roll-call votes

No recorded votes on this bill.

Actions

Nov 4, 2025 · House
Placed on the Union Calendar, Calendar No. 317.
Nov 4, 2025 · House
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
Sep 16, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
Sep 16, 2025
Committee Consideration and Mark-up Session Held
Sep 10, 2025 · House
Referred to the House Committee on Financial Services.
Sep 10, 2025
Introduced in House