Sponsors (3)
The bill seeks to generate evidence and potentially ease entry mechanisms to boost competition and protect deposit insurance costs, but it trades off increased regulatory costs, potential legal complexity for smaller banks, and risks to deposit safety if reforms loosen oversight.
Taxpayers could face lower FDIC costs if agencies identify ways that greater use of shelf charters or expanded bidder pools would have protected the Deposit Insurance Fund in 2023 receiverships.
Congress, federal regulators (OCC, FDIC, Fed), and policymakers will receive a coordinated, evidence-based assessment of risks from private-equity ownership of banks to inform oversight and legislative decisions.
Consumers — including small-business owners and residents of rural communities — may see increased availability and diversity of financial products if agencies determine that shelf charters or expanded bidder pools expand competition and bidder diversity.
Depositors and taxpayers could face increased safety-and-soundness risks if the report leads to loosening charter or bidder rules that enable greater entry or more private-equity ownership of banks.
Community banks and smaller bidders could face greater market complexity and legal uncertainty if the study's findings prompt legislative or regulatory changes.
Taxpayers will bear the compliance and administrative costs imposed on the OCC, FDIC, and Fed to prepare the required joint study and report.
Based on analysis of 2 sections of legislative text.
Requires OCC, FDIC, and Federal Reserve to jointly study shelf charters and FDIC bidder rules, report impacts since 2008, and recommend statutory/regulatory changes within one year.
Requires the OCC, FDIC, and Federal Reserve to work together to study use of “shelf charters” and the FDIC’s modified bidder qualification process, review how key banking laws apply to those tools, and assess whether they could have expanded buyer pools, protected the Deposit Insurance Fund, or reduced the need for emergency Treasury actions. The agencies must analyze impacts since 2008, including risks and benefits of private equity ownership through these mechanisms, and deliver a joint report with findings and recommended statutory or regulatory changes to congressional banking committees within one year of enactment.
Introduced December 10, 2025 by Bill Huizenga · Last progress December 10, 2025