S 2663 · 119th CongressIn Committeecongress.gov ↗

Merchant Banking Modernization Act

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Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill appears to deal with updating or changing the rules around merchant banking, which is when banks or financial companies invest directly in businesses or companies rather than just making loans. No official summary is available for this bill.

Sponsor

Sen. Rounds, Mike [R-SD]

R

Introduced

August 1, 2025

Policy Area

Finance and Financial Sector

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