Bank Failure Prevention Act of 2025

# Bank Failure Prevention Act of 2025 Summary **What the bill would do:** This bill would speed up the Federal Reserve's process for approving or rejecting bank merger and acquisition applications. Currently, the Fed can take up to 90 days *after* declaring an application complete to make a decision—which can mean lengthy delays if they request additional information. Under this bill, the Fed would have to make a final decision within 90 days of the *initial* application submission, regardless of completeness. Additionally, the Fed would be prohibited from using information provided by third parties (such as competitors or outside groups) when deciding whether to approve a merger. **Who it affects:** The bill primarily affects bank holding companies seeking to merge or be acquired, as well as the Federal Reserve, which oversees these transactions.

Indirectly, it could impact customers and communities served by these banks, since merger approvals can affect banking services and competition. **Current status:** The bill was introduced by Rep. Andy Barr (R-KY) and is currently in committee, meaning it has not yet been voted on by the full House. The bill has not passed.