In brief

The House rejected the bill expanding the Central Bank's power over the FGC.

It fell five votes short.

What we know

04

  1. Verified fact · material

    The House rejected on October 14, 2026 the substitute to PLP 281/2019, which would let the Central Bank order the FGC to rescue troubled institutions.

    Tool blocked.

    Sources[01][02][03]

  2. Verified fact · material

    The text got 252 votes in favor, short of the 257 needed to pass a complementary law.

    Narrow vote.

    Sources[01][02][03]

  3. Verified fact

    According to sources heard by Estadão, cited by Times Brasil, the change could have benefited BRB, which seeks a loan of up to R$ 6.6 billion from the FGC.

    BRB context.

    Sources[03]

  4. Verified fact

    The bill's rapporteur was Deputy Marcelo Queiroz (PSDB-RJ), according to Agência Câmara.

    Rapporteur.

    Sources[01]

Transmission to assets

Market read-through

The rejection makes an FGC rescue of BRB harder and keeps bank resolution under current rules.

Portfolio impact

01
BSLI4negative

Fewer rescue options for BRB.

Other solutions possible.

What would change the view: No new vote.

direct25% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • New vote attempt
  • BRB's talks with the FGC

Limits of the reporting

What remains uncertain

  • The rule's use for BRB is a backstage account, not officially confirmed.

Full sources

03
01
Agência CâmaraCâmara rejeita criação de novo regime para socorrer ou liquidar bancosofficial source
02
Gazeta do PovoCâmara rejeita proposta de ampliar poder do BC que poderia beneficiar BRBindependent newsroom
03
Times Brasil | CNBCCâmara rejeita projeto que poderia obrigar FGC a socorrer bancos como o BRBindependent newsroom
06