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HR6555119th Congress

Enhancing Bank Resolution Participation Act

Sponsored By: Representative Huizenga, Bill [R-MI-4]

In Committee

Summary

Directs a joint study of shelf charters and the FDIC's modified bidder qualification process to evaluate their role in resolving failed banks and market stability. It would require the OCC, FDIC, and Federal Reserve to review use since January 1, 2008, assess connections to 2023 receiverships, and recommend statutory or regulatory changes in a report due within one year.

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  • Regulators: The OCC, FDIC, and Federal Reserve would prepare a joint report to specified congressional committees with findings and recommended legislative or regulatory changes within one year.
  • Failed-bank resolution and the Deposit Insurance Fund: The study must assess whether wider use of shelf charters or modified bidder processes could have expanded the pool of bidders, increased competition, protected the Deposit Insurance Fund, or reduced the need for emergency Treasury action for receiverships in 2023.
  • Private equity and banks: It would examine benefits and risks of private equity ownership of banks through shelf charters and modified bidder qualification processes.
  • Consumers and markets: The agencies would evaluate effects since January 1, 2008 on financial stability, the safety and soundness of affected depository institutions, and the availability of financial products and services.
  • Legal clarity: The act defines key terms by referencing section 3 of the Federal Deposit Insurance Act, an FDIC press release (Nov. 26, 2008), and an OCC report (Oct. 2017).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Huizenga, Bill [R-MI-4]

MI • R

Cosponsors

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 12/16/2025

  • Rep. Lawler, Michael [R-NY-17]

    NY • R

    Sponsored 1/12/2026

Roll Call Votes

No roll call votes available for this bill.

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