Merger Process Review Act
To require the Inspector General of each Federal prudential regulator to carry out a review every 3 years of the regulator's handling of insured depository institution merger applications, and for other purposes.
The HB6546 bill, known as the Merger Process Review Act, aims to ensure transparency and accountability in how federal regulators review applications for bank mergers. Specifically, it requires the Inspector General of each federal bank regulator to review the regulator's handling of these merger applications every three years. This would help maintain a fair and efficient process for banks seeking to merge.
This bill affects federal bank regulators and the banks applying for mergers. By regularly reviewing the merger process, it ensures that regulators are following the law and maintaining high standards in their evaluations. This can lead to more consistent and fair outcomes for banks looking to merge.
As of February 25, 2026, the bill has been reported (amended) by the Committee on Financial Services in the House and placed on the Union Calendar. The bill was introduced on December 9, 2025, and has passed through the committee phase with an amended report. The next steps involve further consideration and potential voting in the House.
