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Merchant Banking Modernization Act

8/13/2025, 3:08 AM

Summary of Bill S 2663

The bill "A bill to amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years" was introduced in the 119th Congress under the designation S. 2663 on August 1, 2025.

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Current Status of Bill S 2663

Bill S 2663 is currently in the status of Bill Introduced since August 1, 2025. Bill S 2663 was introduced during Congress 119 and was introduced to the Senate on August 1, 2025.  Bill S 2663's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of August 1, 2025

Bipartisan Support of Bill S 2663

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
0
Republican Cosponsors
7
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2663

Primary Policy Focus

Alternate Title(s) of Bill S 2663

A bill to amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
A bill to amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.

Comments

Sponsors and Cosponsors of S 2663

Mike Rounds
Mike Rounds
South DakotaRepublican
Thom Tillis
Thom Tillis
North CarolinaRepublican
Rick Scott
Rick Scott
FloridaRepublican
Tim Scott
Tim Scott
South CarolinaRepublican
Markwayne Mullin
Markwayne Mullin
OklahomaRepublican
Bill Hagerty
Bill Hagerty
TennesseeRepublican

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