Bank Failure Prevention Act of 2025

This bill changes how the Federal Reserve reviews applications when bank holding companies want to merge or buy other companies. The Federal Reserve would have to tell applicants within a set time whether their application is complete or if they need more information. The Federal Reserve would also have to approve or deny applications within 90 days of receiving them, even if the application is not complete. Currently, they only have 90 days after getting a complete application. The bill also says the Federal Reserve cannot use information from outside parties when deciding on these applications.

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