Enhancing Bank Resolution Participation Act

House Bill

H.R. 6555

119th Congress

Enhancing Bank Resolution Participation Act

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

Introduced:Dec 17, 2025

Primary Sponsor

Bill Huizenga

R - MI

Cosponsors

1

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill requires the OCC and FDIC to study "shelf charters" and "modified bidder qualification processes" - mechanisms that allow non-banks or entities without active charters to participate in failed bank acquisitions. It specifically examines whether greater use of these tools during the 2023 bank failures (SVB, Signature, First Republic) could have expanded bidder competition and protected the Deposit Insurance Fund.

Latest Action

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

AI Summary

Plain-English explanation of this bill

This bill requires the OCC and FDIC to study "shelf charters" and "modified bidder qualification processes" - mechanisms that allow non-banks or entities without active charters to participate in failed bank acquisitions. It specifically examines whether greater use of these tools during the 2023 bank failures (SVB, Signature, First Republic) could have expanded bidder competition and protected the Deposit Insurance Fund.

Last updated: 12/26/2025

Key Points

Main provisions of the bill

Requires joint OCC-FDIC study on shelf charters and modified bidder qualification
Examines all shelf charter approvals granted since January 1, 2008
Reviews whether these tools were used during 2023 bank failures
Analyzes if broader use could have reduced need for emergency Treasury determinations
Report due to Congress within 270 days
Passed committee 51-0 indicating unanimous bipartisan support

How This Impacts Americans

Potential effects on citizens and communities

This bill affects potential bank acquirers (private equity, non-bank financial companies), the FDIC, OCC, and the banking industry's competitive structure. It could lead to expanded participation in failed bank resolutions, potentially benefiting investors seeking bank ownership opportunities. The study directly addresses lessons from the 2023 bank failures where large banks (JPMorgan, First Citizens) acquired failed institutions. Recommendations could change how future bank failures are resolved.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

6555, 119th Congress (2025). "Enhancing Bank Resolution Participation Act". Source: Voter's Right Platform. https://votersright.org/bills/119-hr-6555