HR 5262 · 119th Congress 2025–2027

Bank Competition Modernization Act

Introduced Sep 10, 2025 Originated House Sponsor Scott Fitzgerald R-WI

Fact sheet

Latest action · Nov 4, 2025 Placed on the Union Calendar, Calendar No. 317.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 10, 2025
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

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.

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Actions 6

Everything that happened, newest first.

  1. Nov 4, 2025Placed on the Union Calendar, Calendar No. 317.
  2. Nov 4, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
  3. Sep 16, 2025Committee Consideration and Mark-up Session Held
  4. Sep 16, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
  5. Sep 10, 2025Introduced in House
Show all 6 actions

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 6955Main Street Capital Access ActRelated billJul 22, 2026

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 2

Each version as it was printed, newest first.

  1. Nov 4, 2025Reported in House
  2. Sep 10, 2025Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.