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S. 2663: Merchant Banking Modernization Act

A Senate bill (S.) in the 119th U.S. Congress.

Overview

Congress119th U.S. Congress (2025–2026)
TypeSenate bill (S.)
Originating chamberSenate
Introduced2025-08-01
SponsorSen. Rounds, Mike [R-SD]
Policy areaFinance and Financial Sector
Cosponsors14
Latest action2025-08-01 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Last updated2026-06-04

Summary

An official summary for this measure has not been published by Congress. The full text is available on congress.gov.

Cosponsors (14)

NameParty / state
Tim Scott R SC (original cosponsor) 2025-08-01
Kevin Cramer R ND (original cosponsor) 2025-08-01
Bill Hagerty R TN (original cosponsor) 2025-08-01
Steve Daines R MT (original cosponsor) 2025-08-01
Sen. Mullin, Markwayne [R-OK] R OK (original cosponsor) 2025-08-01
Rick Scott R FL (original cosponsor) 2025-08-01
Thom Tillis R NC (original cosponsor) 2025-08-01
Ted Cruz R TX 2025-09-02
John Cornyn R TX 2025-09-02
Jim Banks R IN 2025-09-18
Bill Cassidy R LA 2025-10-14
Dan Sullivan R AK 2025-10-29
Jerry Moran R KS 2026-04-30
David McCormick R PA 2026-06-03

Full text & official record

The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 2663 are published by Congress on congress.gov.

View S. 2663 on congress.gov →

Frequently asked questions

What is S. 2663?

S. 2663 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: Merchant Banking Modernization Act.

Where can I read the full bill text?

The full text, cosponsors, amendments, and legislative status for S. 2663 are available on congress.gov.

Bill data: congress.gov API (official congressional records).