S 2663 · 119th Congress

Merchant Banking Modernization Act

This bill makes it easier for large banks to invest in and hold onto businesses for longer periods of time. Currently, banks that own other companies through what's called "merchant banking" have strict time limits on how long they can keep those investments. This bill changes that by allowing banks to hold onto the…

Sponsor

Rounds, Mike (R-South Dakota)

Introduced

2025-08-01

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.