Failing Bank Acquisition Fairness Act

Hozzl · 2026-07-15T08:07:53Z

Explore the details of House Bill 6556 Failing Bank Acquisition Fairness Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

7/15/2026, 8:07 AM

Summary of Bill HR 6556

The Failing Bank Acquisition Fairness Act, introduced in the 119th Congress, aims to address issues related to failing banks and their acquisition processes. The bill, designated as H.R. 6556, was introduced on December 10, 2025. Specific provisions and directives within the bill include measures to ensure fairness in the acquisition of failing banks and to potentially improve the stability and transparency of such transactions. For more detailed information, the official PDF version of the bill can be accessed at the provided link.

Congressional Summary of HR 6556

Failing Bank Acquisition Fairness Act

This bill tightens restrictions on certain waivers granted by federal financial regulators to companies that acquire insured depository institutions. Under current law, a regulator may not approve an acquisition if it would result in an institution exceeding a set concentration limit (i.e., controlling more than 10% of total insured U.S. deposits). This may be waived if one or more of the institutions involved is in default or in danger of default or if the Federal Deposit Insurance Corporation (FDIC) is providing certain assistance.

In addition to these requirements, the bill requires the regulator to determine that (1) the merger is necessary to prevent significant economic disruption or financial instability, and (2) FDIC has not received a qualified bid from a company not subject to this concentration limit.

The bill also provides capitalization and management standards for qualified bids.

Regulators that waive these concentration limits must report to Congress on the circumstances and justification of the waiver.

Read the Full Bill

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Current Status of Bill HR 6556

Bill HR 6556 is currently in the status of Bill Introduced since December 10, 2025. Bill HR 6556 was introduced during Congress 119 and was introduced to the House on December 10, 2025. Bill HR 6556's most recent activity was Motion to reconsider laid on the table Agreed to without objection. as of July 14, 2026

Bipartisan Support of Bill HR 6556

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6556

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 6556

To prohibit the use of certain concentration limit exceptions with respect to mergers involving a failed bank unless the applicable agency determines such use is necessary to prevent significant economic disruption or significant adverse effects on financial stability, and for other purposes.