Bank Competition Modernization Act
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.
- IntroducedSep 10, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- 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.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Sep 10, 2025Markup Sep 16, 2025Reported Nov 4, 2025 |
Actions 6
Everything that happened, newest first.
- Nov 4, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-365.
- Nov 4, 2025Placed on the Union Calendar, Calendar No. 317.
- Sep 16, 2025Committee Consideration and Mark-up Session Held
- Sep 16, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 24.
- Sep 10, 2025Introduced in House
- Sep 10, 2025Referred to the House Committee on Financial Services.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 148, September 10, 2025, page H4239.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6955 | Main Street Capital Access Act | Related bill | Jul 22, 2026 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to require the consideration of certain entities and factors when evaluating proposed acquisitions, mergers, consolidations, assumptions of liabilities, or transfers of assets, and for other purposes.
- Short Title(s) as Introduced
- Bank Competition Modernization Act
- Short Title(s) as Reported to House
- Bank Competition Modernization Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Nov 4, 2025Reported in House
- Sep 10, 2025Introduced in House
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
