Back to today’s briefing

Story perspectives

House Votes to Repeal Controversial Bank Merger Rule

5/21/2025

50 10

Summary

Story summary

In a closely contested vote of 210-208, the U.S. House of Representatives has moved to repeal a contentious 2024 bank merger rule, now heading to President Trump's desk for approval. This resolution, following Senate backing, seeks to dismantle reforms from the Office of the Comptroller of the Currency, which opponents claim hinder the merger review process.

1 of 1

Story summary

In a closely contested vote of 210-208, the U.S. House of Representatives has moved to repeal a contentious 2024 bank merger rule, now heading to President Trump's desk for approval. This resolution, following Senate backing, seeks to dismantle reforms from the Office of the Comptroller of the Currency, which opponents claim hinder the merger review process.