Merchant Banking Modernization Act
Sponsored By: Representative Williams, Roger [R-TX-25]
In Committee
Summary
15-year minimum holding period for merchant banking investments. This bill would amend Section 4(k)(7)(A) of the Bank Holding Company Act of 1956 to require that the period generally permitted for holding merchant banking investments be not less than 15 years. The minimum would apply to investments entered into after enactment and to investments already held on the date of enactment, measured from each investment's initial date. The timing and details would be set under implementing regulations.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
15-year holding period for bank investments
The bill would set a minimum 15-year holding period for banks’ merchant banking investments. Bank holding companies would generally not be able to exit these investments sooner. For investments already held when a law takes effect, the 15 years would be counted from the original investment date. Regulators would implement this rule. Most households would not see direct changes.
Sponsors & CoSponsors
Sponsor
Williams, Roger [R-TX-25]
TX • R
Cosponsors
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 9/15/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov