Bill Detail
H.R. 5291
Congress: 119
Title
Merchant Banking Modernization Act
Summary
Merchant Banking Modernization Act This bill requires financial holding companies to be allowed to hold merchant banking investments for a minimum of 15 years. Currently, financial holding companies are generally prohibited from holding interests in nonfinancial companies, however, there are statutory exemptions for merchant banking activities—financial services for private commercial entities. As a result of these financial services, the financial holding company may gain equity in these private commercial entities through portfolio holdings. Under current regulations, these holdings are subject to certain limitations, including a holding limit of 10 years, with the option of extending the period subject to review by the Federal Reserve Board.
Sponsor
Rep. Roger Williams [R-TX-25]
Status
Placed on the Union Calendar, Calendar No. 320.
Status as of Aug 6, 1:27 PM · synced 7d ago
Introduced
2025-09-10
Data source mode: congress-gov
Bill Engagement
Merchant Banking Modernization Act This bill requires financial holding companies to be allowed to hold merchant banking investments for a minimum of 15 years.
Lobbyists on the case
- Independent Community Bankers of America4 filings · 18 lobs
- Jenna Burke2026 Q1
- Michael Emancipator2026 Q1
Prepared intelligence brief
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