H.R.5419: Bank Merger Review Modernization Act of 2021

About This Bill

Bill Version

Bill Summary

Bank Merger Review Modernization Act of 2021 This bill establishes additional requirements for bank mergers and acquisitions, including by requiring approval from the Consumer Financial Protection Bureau for certain mergers involving a provider of consumer financial products, financial regulators to determine that the public benefits of any merger outweigh the costs, specified community reinvestment ratings, and institutions to meet...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 29, 2021
Referred to the House Committee on Financial Services.
Sept. 29, 2021

Introduced in the House by Jesús García (D-Ill.)

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