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New BANK Act of 2025

On calendar: it can still change before the session ends.

US HR 6551 · House Bill · 119th Congress

Draft a letter
Stage
On calendar
Started in
House
Sponsors
3
Latest action
Feb 25, 2026

What it does

The New BANK Act of 2025 would require federal banking and credit union regulators to publish annual reports detailing the volume, processing times, and common outcomes of charter and insurance applications for national banks, Federal savings associations, Federal credit unions, depository institution holding companies, and entities seeking Federal deposit insurance. It also mandates a joint annual report by the Federal Reserve, FDIC, and NCUA—consulting with state regulators—on state-chartered depository institutions and credit unions, with data broken down by state. The bill aims to increase transparency in the application processes for banking and credit union charters and related…

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Dec 10, 2025

  2. Committee (Current step)

    On calendar · Feb 25, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

New BANK Act of 2025 | 52