H.R. 5262 · 119th Congress
Bank Competition Modernization Act
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R
FitzgeraldSponsorNo cosponsors.
This bill allows financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic.
What it does: CRS summary · Reported to House · Nov 4, 2025
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Bank Competition Modernization Act
Latest action (Nov 4, 2025): Placed on the Union Calendar, Calendar No. 317.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 10, 2025
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.