H.R. 6551

New BANK Act of 2025

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Text of the bill

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Sec. 5. Annual report on Federal deposit insurance applications Changed · Feb 25

Where this section came from

  1. Dec 10, 2025 · Introduced in House Referred to House Committee on Financial Services, Dec 10
  2. Feb 25, 2026 · Reported in House Marked up by House Committee on Financial Services, Dec 16 Marked up by House Committee on Financial Services, Dec 17 Reported by House Committee on Financial Services, Feb 25 Committee members' individual votes aren't in our records.
What changed in the text

The Federal Deposit Insurance Corporation shall publish an annual report that includes — the following, or with respect to any equivalent procedure used by the Corporation includes the following: (1) the The number of applications for deposit insurance received, approved, denied, withdrawn, mooted, or returned ; . (2) the The mean and median times to approve such applications ; . and (3) To the extent practicable, common reasons leading to denial or withdrawal of such applications.

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A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.

The Federal Deposit Insurance Corporation shall publish an annual report that includes the following, or with respect to any equivalent procedure used by the Corporation includes the following:

(1) The number of applications for deposit insurance received, approved, denied, withdrawn, mooted, or returned.

(2) The mean and median times to approve such applications.

(3) To the extent practicable, common reasons leading to denial or withdrawal of such applications.