119th Congress
S. 2663
Merchant Banking Modernization Act
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Mike Rounds(R-SD)
- Introduced
- Aug 1, 2025
- Policy area
- Finance and Financial Sector
- Committees
- Senate Committee on Banking, Housing, and Urban Affairs
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (14)
Original cosponsors (7)
- Bill Hagerty (R-TN)
- Kevin Cramer (R-ND)
- Rick Scott (R-FL)
- Steve Daines (R-MT)
- Thom Tillis (R-NC)
- Tim Scott (R-SC)
- M001190
Added later (7)
- John Cornyn (R-TX) · Sep 2, 2025
- Ted Cruz (R-TX) · Sep 2, 2025
- Jim Banks (R-IN) · Sep 18, 2025
- Bill Cassidy (R-LA) · Oct 14, 2025
- Dan Sullivan (R-AK) · Oct 29, 2025
- Jerry Moran (R-KS) · Apr 30, 2026
- David McCormick (R-PA) · Jun 3, 2026
Summary
No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.
Official title: A bill to amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
Latest action(Aug 1, 2025): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Roll-call votes
No recorded votes on this bill.
Actions
- Aug 1, 2025 · Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. - Aug 1, 2025
Introduced in Senate