I 
119TH CONGRESS 
1ST SESSION H. R. 6546 
To require the Inspector General of each Federal prudential regulator to 
carry out a review every 3 years of the regulator’s handling of insured 
depository institution merger applications, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 9, 2025 
Mr. WILLIAMS of Texas introduced the following bill; which was referred to 
the Committee on Financial Services 
A BILL 
To require the Inspector General of each Federal prudential 
regulator to carry out a review every 3 years of the 
regulator’s handling of insured depository institution 
merger applications, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Merger Process Review 
Act’’. 
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SEC. 2. INSPECTOR GENERAL REVIEW OF THE HANDLING 
OF 
INSURED 
DEPOSITORY 
INSTITUTION 
MERGER APPLICATIONS. 
(a) REVIEW.—Not later than 1 year after the date 
of enactment of this Act, and every 3 years thereafter, 
the Inspector General of each Federal depository institu-
tion regulatory agency shall review the Federal depository 
institution regulatory agency’s record of timeliness and ef-
ficiency in reviewing and acting upon insured depository 
institution merger applications. The review shall— 
(1) include an evaluation of relevant quantifi-
able metrics, including mean and median application 
processing times; 
(2) identify sources of delay that may hinder 
the timely consummation of proposals that meet the 
relevant statutory factors; and 
(3) include specific recommendations to improve 
the timeliness and efficiency of application proc-
essing, consistent with the Federal depository insti-
tution regulatory agency’s statutory responsibilities. 
(b) REPORT.—Each Inspector General described 
under subsection (a) shall, at the conclusion of each review 
required under subsection (a), issue a report to Congress 
containing all findings and determinations made in car-
rying out the review. 
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(c) AGENCY RESPONSE.—In response to each report 
issued to Congress under subsection (a), the appropriate 
Federal depository institution regulatory agency shall sub-
mit to Congress a written response, including a plan to 
implement the recommendations in the report, to the ex-
tent such implementation is appropriate. 
(d) DEFINITIONS.—In this section: 
(1) APPLICATION.—The term ‘‘application’’ 
means an application, notice, or other similar re-
quest for permission submitted to a Federal deposi-
tory institution regulatory agency. 
(2) FEDERAL DEPOSITORY INSTITUTION REGU-
LATORY AGENCY.—The term ‘‘Federal depository in-
stitution regulatory agency’’ means the Board of 
Governors of the Federal Reserve System, the 
Comptroller of the Currency, the Federal Deposit 
Insurance Corporation, and the National Credit 
Union Administration Board. 
(3) INSURED DEPOSITORY INSTITUTION.—The 
term ‘‘insured depository institution’’— 
(A) has the meaning given that term in 
section 3 of the Federal Deposit Insurance Act 
(12 U.S.C. 1813); and 
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(B) means an insured credit union, as de-
fined in section 101 of the Federal Credit 
Union Act (12 U.S.C. 1752). 
(4) INSURED DEPOSITORY INSTITUTION MERG-
ER APPLICATION.—The term ‘‘insured depository in-
stitution merger application’’ means an application 
with respect to the acquisition of an insured deposi-
tory institution, its equity interests, its assets, or its 
deposits under— 
(A) section 10(e) of the Home Owners’ 
Loan Act (12 U.S.C. 1467a(e)); 
(B) section 205(b) of the Federal Credit 
Union Act (12 U.S.C. 1785(b)); 
(C) section 7(j) of the Federal Deposit In-
surance Act (12 U.S.C. 1817(j)); 
(D) section 18(c)(2) of the Federal De-
posit Insurance Act (12 U.S.C. 1828(c)(2)); 
(E) section 3 of the Bank Holding Com-
pany Act of 1956 (12 U.S.C. 1842); and 
(F) section 4 of the Bank Holding Com-
pany Act of 1956 (12 U.S.C. 1843). 
Æ 
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