We have received text from H.R. 6546: Merger Process Review Act. This bill was received on 2025-12-09, and currently has no cosponsors.
Here is a short summary of the bill:
This bill, titled the Merger Process Review Act , aims to enhance oversight of the federal process for reviewing merger applications involving insured depository institutions, which include banks and credit unions.
Key Provisions
- Regular Reviews: The bill mandates that the Inspector General of each federal regulatory agency responsible for overseeing depository institutions conduct a review of how efficiently these agencies handle merger applications. This review is required every three years, starting one year after the enactment of the bill.
- Metrics for Evaluation: The review must evaluate key metrics, such as the average time taken to process applications, in order to identify any delays in the review process.
- Recommendations for Improvement: After completing the review, the Inspector General will provide specific recommendations aimed at improving the speed and efficiency of the application process while ensuring compliance with relevant laws and regulations.
- Reporting to Congress: Following each review, the Inspector General is required to submit a report to Congress detailing their findings, including any issues found and recommendations made.
- Agency Responses: Each federal regulatory agency will be required to respond to the Inspector General's report, including outlining plans for implementing any accepted recommendations.
Definitions
The bill includes definitions that clarify key terms, such as:- Application: Refers to any request for permission that is submitted to a federal regulatory agency regarding insured depository institutions.
- Federal Depository Institution Regulatory Agency: Entities such as the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration.
- Insured Depository Institution: Includes banks and credit unions that are insured under relevant federal statutes.
- Insured Depository Institution Merger Application: Refers specifically to applications related to mergers, where one institution is acquiring another.
The intention of this legislation is to ensure a more systematic and efficient review of merger applications, potentially affecting the operations and regulatory compliance of financial institutions involved in mergers.
Relevant Companies
- JPM - JPMorgan Chase & Co.: As one of the largest financial institutions, it regularly engages in mergers and acquisitions that could be scrutinized under this more stringent review process.
- BAC - Bank of America Corporation: Similar to JPMorgan, Bank of America is involved in significant mergers, which may be impacted by the changes in review procedures.
- WFC - Wells Fargo & Company: This institution frequently undergoes mergers and acquisitions; the enhanced review process could affect its operational strategies.
- USB - U.S. Bancorp: U.S. Bancorp engages in mergers that may face more rigorous scrutiny under the provisions of this bill.
Representative Roger Williams Bill Proposals
Here are some bills which have recently been proposed by Representative Roger Williams:
- H.R.6683: To establish a grant program to encourage schools to conduct independent facility security risk assessments and make hard security improvements, and for other purposes.
- H.R.6546: Merger Process Review Act
- H.R.5832: REAL Meats Act
- H.R.5763: Main Street Parity Act
- H.R.5672: Reducing Unnecessary Slowdowns in Handling Act
- H.R.5291: Merchant Banking Modernization Act
You can track bills proposed by Representative Roger Williams on Quiver Quantitative's politician page for Williams.
Representative Roger Williams Net Worth
Quiver Quantitative estimates that Representative Roger Williams is worth $74.6M, as of December 13th, 2025. This is the 20th highest net worth in Congress, per our live estimates.
Williams has approximately $373.9K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Roger Williams's net worth on Quiver Quantitative's politician page for Williams.
Representative Roger Williams Stock Trading
We have data on up to $380.0K of trades from Representative Roger Williams, which we parsed from STOCK Act filings. Some of the largest trades include:
- A June 30th, 2022 purchase of up to $15K of $LLY. The stock has risen 211.32% since then.
- A June 30th, 2021 purchase of up to $15K of $DIS. The stock has fallen 36.59% since then.
- A June 30th, 2022 purchase of up to $15K of $SBFM. The stock has fallen 99.93% since then.
- A February 27th, 2019 sale of up to $15K of $GE. The stock has risen 431.87% since then.
- A March 1st, 2019 sale of up to $15K of $NVDA. The stock has risen 4525.83% since then.
You can track Representative Roger Williams's stock trading on Quiver Quantitative's politician page for Williams.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
