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Committee advances measures to study expanding bidders and private participation in bank resolution
Summary
The committee advanced two related study bills — HR 6555, on shelf charters and modified bidder qualifications, and HR 6556, limiting concentration-limit waivers — seeking to increase competition in failed-bank auctions while requiring oversight and safeguards.
Members advanced a set of bills aimed at expanding the pool of potential bidders and private-capital participation in bank-resolution scenarios. Vice Chairman Heisinger described HR 6555 directing the OCC and FDIC to study "shelf charters" (pre-authorized but inactive charters) and modified bidder qualification processes so…
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