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H. Rept. 119-530 1 (2026-02-25)

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INFORMATION 4















                    119TH CONGRESS                                         REPORT
                       2d Session   J HOUSE   OF REPRESENTATIVES           119-530







                    NEW BANK APPLICATION NUMBERS KNOWLEDGE ACT OF
                                                   2025




                    FEBRUARY 25, 2026.-Committed to the Committee of the Whole House on the State
                                      of the Union and ordered to be printed




                     Mr. HILL  of Arkansas, from the Committee  on Financial Services,
                                          submitted  the following



                                             REPORT


                                           [To accompany H.R. 6551]

                      The  Committee  on  Financial Services, to whom  was referred the
                    bill (H.R. 6551) to require  annual  reports on national bank   and
                    Federal savings  association charter applications, depository institu-
                    tion holding company  applications, Federal deposit insurance appli-
                    cations, and State depository  institution charter applications, and
                    for other purposes, having  considered the same,  reports favorably
                    thereon  with  an  amendment and recommends that the bill as
                    amended   do pass.

                                                 CONTENTS
                                                                                    Page
                    Purpose and Sum m ary  ........................................................................................... .  3
                    Background and Need for Legislation  ....................................................................  3
                    Com m ittee  Consideration  ........................................................................................  4
                    R elated H earings  .....................................................................................................  4
                    C om m ittee  V otes  .....................................................................................................  4
                    Com m ittee  Oversight Findings  ...............................................................................  7
                    Perform ance Goals  and  Objectives  .........................................................................  7
                    Com m ittee  Cost  Estim ate  .......................................................................................  7
                    New Budget Authority and CBO Cost Estimate ...................................................  7
                    Unfunded M andates Statem ent  .............................................................................  7
                    E arm ark Statem ent  .................................................................................................  7
                    Federal Advisory Committee Act Statement .........................................................  7
                    Applicability  to  the  Legislative  Branch  .................................................................  9
                    Duplication of Federal Program  s  ............................................................................  9
                    Section-by-Section  Analysis of the  Legislation  ......................................................  9
                    Changes in Existing Law Made by the Bill, as Reported ................. 9
                    Documents Included by Unanimous Consent ........................................................  10

                      The  amendment   is as follows:
                      Strike all after the enacting clause and insert the following:
                      69-006