Introduced
S. 2663
Introduced in Senate · August 12, 2025August 1, 2025
Mr. Rounds (for himself, Mr. Scott of South Carolina, Mr. Cramer, Mr. Hagerty, Mr. Daines, Mr. Mullin, Mr. Scott of Florida, and Mr. Tillis) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To amend the Bank Holding Company Act of 1956 to generally permit holding merchant banking investments of up to 15 years.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Merchant Banking Modernization Act”.