2025-09560Notice

Fed Caps Bank Mergers at 10% of $23 Trillion Debt Pile

Published Date: 5/28/2025

Notice

Summary

Starting July 1, 2025, financial companies can’t merge or take over others if the new company’s debts go over 10% of the total financial sector’s liabilities, which is about $23.2 trillion. This rule keeps big financial players from getting too huge and risky. The limit is based on the average debts from 2023 and 2024 and will last until June 30, 2026.

No Economic Impacts Identified for this Document

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Key Dates

Published Date
Effective Date
5/28/2025
7/1/2025

Department and Agencies

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Independent Agency
Agency
Federal Reserve System
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