From the Document: "On July 9, 2021, President Biden issued an executive order on competition, which, among other things, encourages the Attorney General and the federal banking regulators 'to review current practices and adopt a plan, not later than 180 days after the date of this order, for the revitalization of merger oversight.' Congress has been interested in mergers among large banks in recent years (see Table 1), particularly how they might affect competition. This In Focus provides an overview of the bank merger process and policy issues."
CRS In Focus, IF11956
Congressional Research Service: https://crsreports.congress.gov/