A new study would check if federal agencies follow rules when approving bank and credit union mergers.
A new study would examine how federal agencies approve mergers between banks and credit unions. The study would check if these approvals follow existing laws and if other issues influence them. A report with the findings would be sent to Congress within six months.
Today, federal agencies approve bank and credit union mergers using specific conditions, but there's no required independent study of these practices. If this bill becomes law, the Comptroller General would study these practices to see if they follow the law. A report with the findings would be sent to Congress within 6 months.
HR 6570 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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3 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.