H.R. 6556 · 119th Congress · pending
Failing Bank Acquisition Fairness Act
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Latest official action 2026-07-15 · Referred
The bill, briefly
Failing Bank Acquisition Fairness Act This bill tightens restrictions on certain waivers granted by federal financial regulators to companies that acquire insured depository institutions. Under current law, a regulator may not approve an acquisition if it would result in an institution exceeding a set concentration limit (i.e., controlling more than 10% of total insured U.S. deposits). This may be waived if one or more of the institutions involved is in default or in danger of default or if the Federal Deposit Insurance Corporation (FDIC) is providing certain assistance. In addition to these requirements, the bill requires the regulator to determine that (1) the merger is necessary to prevent significant economic disruption or financial instability, and (2) FDIC has not received a qualified bid from a company not subject to this concentration limit. The bill also provides capitalization and management standards for qualified bids. Regulators that waive these concentration limits must report to Congress on the circumstances and justification of the waiver.
Congressional Research Service · 2025-12-10
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Sponsor
Stephen F. Lynch
House · MA District 8 · Democratic
$344,748PAC receipts · 2025–2026
Cosponsor
Josh Gottheimer
House · NJ District 5 · Democratic
$1,064,524PAC receipts · 2025–2026
1 of 1 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
AMERICAN ISRAEL PUBLIC AFFAIRS COMMITTEE POLITICAL ACTION COMMITTEE$70,724
Josh Gottheimer · Cosponsor · $70,724
Official PAC recordCARPENTERS LEGISLATIVE IMPROVEMENT COMMITTEE UNITED BROTHERHOOD OF CARPENTERS AND JOINERS$20,000
ERNST & YOUNG POLITICAL ACTION COMMITTEE$20,000
INTERNATIONAL ASSOCIATION OF FIREFIGHTERS INTERESTED IN REGISTRATION AND EDUCATION PAC$20,000
AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$15,000
MACHINISTS NON PARTISAN POLITICAL LEAGUE OF THE INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS$15,000
NATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS POLITICAL ACTION COMM$15,000
UA UNION PLUMBERS & PIPEFITTERS VOTE! PAC (UNITED ASSOCIATION OF JOURNEYMEN AND APPRENTICES OF THE PLUMBING & PIPEFITTING INDUSTRY OF THE UNITED STATES AND CANADA)$15,000
DEPOSITORY TRUST AND CLEARING CORPORATION PAC - DTCC PAC; THE$14,500
INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS POLITICAL ACTION COMMITTEE$14,000
NATIONAL ASSOCIATION OF REALTORS POLITICAL ACTION COMMITTEE$14,000
AMERICA'S CREDIT UNIONS PAC$12,500
AMERICAN FEDERATION OF STATE COUNTY & MUNICIPAL EMPLOYEES P E O P L E$12,500
NEW YORK LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$12,500
AMERICAN FINANCIAL SERVICES ASSOCIATION PAC$11,000
ALLY FINANCIAL INC. ADVOCACY POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordAMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION POLITICAL ACTION COMMITTEE (SKINPAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordAMERICAN ASSOCIATION FOR JUSTICE POLITICAL ACTION COMMITTEE (AAJ PAC)$10,000
AMERICAN CRYSTAL SUGAR COMPANY POLITICAL ACTION COMMITTEE$10,000
Stephen F. Lynch · Sponsor · $10,000
Official PAC recordBARCLAYS GROUP US INC. POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordBLACKROCK FUNDS SERVICES GROUP LLC POLITICAL ACTION COMMITTEE (BLACKROCK PAC)$10,000
BLUE DOG POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordBREAD FINANCIAL HOLDINGS, INC. PAC (AKA BREAD FINANCIAL PAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordCOMCAST CORPORATION & NBCUNIVERSAL POLITICAL ACTION COMMITTEE - FEDERAL$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordELEVANCE HEALTH, INC. POLITICAL ACTION COMMITTEE (ELEVANCE HEALTH PAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordENGINEERS POLITICAL EDUCATION COMMITTEE (EPEC)/INTERNATIONAL UNION OF OPERATING ENGINEERS$10,000
HONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordINTERNATIONAL LONGSHOREMEN'S ASSOCIATION COMMITTEE ON POLITICAL EDUCATION$10,000
IPSEN BIOPHARMACEUTICALS, INC. EMPLOYEE POLITICAL ACTION COMMITTEE (IPSEN EMPLOYEE PAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordJPMORGAN CHASE & CO. FEDERAL POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordMANAGED FUNDS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordMERCK & CO., INC., EMPLOYEES POLITICAL ACTION COMMITTEE (MERCK PAC)$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordNATIONAL APARTMENT ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
NATIONAL BEER WHOLESALERS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
NATIONAL RURAL LETTER CARRIERS' ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Stephen F. Lynch · Sponsor · $10,000
Official PAC recordNO LABELS PAC$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordREGIONS FINANCIAL CORPORATION POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordSECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Josh Gottheimer · Cosponsor · $10,000
Official PAC recordTD BANK US HOLDING COMPANY POLITICAL ACTION COMMITTEE (TD BANK PAC)$10,000
UNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION ACTIVE BALLOT CLUB$10,000
Stephen F. Lynch · Sponsor · $10,000
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
This bill is not enacted. Post-enactment results do not apply yet.