Placed on the Union Calendar, Calendar No. 455.
Summary
The New BANK Act of 2025 directs the OCC, NCUA, Federal Reserve, and FDIC to release annual reports that count and track the timing of charter and insurance applications. It also asks the agencies to explain the most common reasons applications are denied or withdrawn. The goal is to give the public and policymakers clearer insight into how quickly and why new financial institutions are approved or rejected.
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