HR 3914 · 118th Congress

Failing Bank Acquisition Fairness Act

<p><b>Failing Bank Acquisition Fairness Act</b></p> <p>This bill restricts the ability of large banks and financial companies to acquire banks in default or in danger of default if smaller institutions otherwise qualify. Specifically, if a merger with a bank in default results in one institution controlling more th…

Sponsor

Lynch, Stephen F. (D-MA)

Introduced

2023-06-07

Policy area

Finance and Financial Sector

Latest action

Referred to the House Committee on Financial Services.