S. 2663 Introduced Finance and Financial Sector

Merchant Banking Modernization Act

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

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Rounds, Mike [R-SD] Introduced August 1, 2025 Cosponsors 14 (14 R) Latest action August 1, 2025

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Aug 1, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Aug 1, 2025 Introduced in Senate

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