The U.S. House Committee on Financial Services reported 20 bills to the full House of Representatives and approved a resolution reauthorizing the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity through July 22, 2026. The package spans banking supervision and resolution, bank merger review, regulator process and transparency, housing and flood insurance, and capital formation. On banking and resolution, measures include requiring a joint study by the federal banking agencies on barriers to the growth and formation of rural depository institutions, giving the Federal Deposit Insurance Corporation discretion to accept a resolution bid that is not the absolute least-cost bid if conditions are met, studying the use of shelf charters and modified bidder qualification to broaden participation in failed-bank asset sales, and limiting when agencies can waive statutory concentration limits in failed-bank acquisitions. Other bills would reset and index the asset thresholds for Category II, III, and IV banks to nominal GDP, formalize a statutory role for the community bank representative in Federal Reserve Board supervision and regulation of community banks, and impose reporting and testimony requirements on federal banking agencies regarding participation in international supervisory forums such as the Basel Committee on Banking Supervision. Additional provisions direct reviews of merger-related commitments and conditions (by the Government Accountability Office) and of the merger process (by inspectors general), require more frequent retrospective reviews of existing rules, and mandate annual public reporting on charter and deposit insurance application volumes. The bills now proceed to the full House for consideration, while the committee resolution extends the task force’s authorization to July 22, 2026.
U.S. Financial Services Committee 2025-12-17
U.S. House Committee on Financial Services reports 20 bills and reauthorizes the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity through July 2026
The U.S. House Committee on Financial Services reported 20 bills to the House and reauthorized the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity through July 22, 2026. The package addresses banking supervision, bank merger review, regulator transparency, housing, flood insurance, and capital formation. Key measures include studies on rural depository institutions, adjustments to asset thresholds for banks, and enhanced reporting requirements for federal banking agencies.