Records
Bill· SS. 3977 (119th)open
United States · United States Congress · 3 March 2026
Bankruptcy Threshold Adjustment Act of 2026 This bill restores changes that expired in 2024 applicable to debt limits for Subchapter V (small business reorganization) and Chapter 13 (the wage earner's plan) bankruptcies. Specifically, the bill increases the debt limit under Subchapter V from approximately $3.4 million to $7.5 million and increases the cumulative debt limit under Chapter 13 from approximately $2.1 million to $2.75 million. The bill also applies both secured and unsecured debt towards the Chapter 13 limit. (Currently, separate limits apply to secured and unsecured debt under Chapter 13 bankruptcy.)
Bill· HRH.R. 7730 (119th)reported
United States · United States Congress · 26 February 2026
Bankruptcy Threshold Adjustment Act of 2026 This bill restores changes that expired in 2024 applicable to debt limits for Subchapter V (small business reorganization) and Chapter 13 (the wage earner's plan) bankruptcies. Specifically, the bill increases the debt limit under Subchapter V from approximately $3.4 million to $7.5 million and increases the cumulative debt limit under Chapter 13 from approximately $2.1 million to $2.75 million. The bill also applies both secured and unsecured debt towards the Chapter 13 limit. (Currently, separate limits apply to secured and unsecured debt under Chapter 13 bankruptcy.)
Bill· HRH.R. 2257 (119th)referred
United States · United States Congress · 21 March 2025
Bill· HRH.R. 3206 (119th)referred
United States · United States Congress · 6 May 2025
Protecting America's Property Rights Act This bill directs the government-sponsored enterprises—Fannie Mae and Freddie Mac—to establish standards for the use of products such as title insurance. (The enterprises facilitate liquidity in the mortgage market by purchasing mortgages and issuing mortgage-backed securities.) Specifically, the enterprises must establish regulations or guidelines for risk management related to loss or damage from liens upon, encumbrances on, or defects in the title to property, or the invalidity or unenforceability of any liens or encumbrances on property by using third party products subject to state regulation. Further, the enterprises must hold an additional 1% of the unpaid principal of any mortgage that does not meet the above regulations or guidelines as part of each enterprise’s minimum capital levels.
Bill· HRH.R. 6955 (119th)referred
United States · United States Congress · 7 January 2026
Main Street Capital Access Act or the Main Street Act This bill lessens and otherwise modifies banking regulations, including those regarding institution formation, supervision by federal financial regulators, and bank merger requirements. Under the bill, new banks have a three-year phase-in period to meet certain capital requirements. The bill also reduces the leverage ratio for certain rural community banks. Financial regulators must (1) tailor regulatory actions to limit burdens on financial institutions and must consider the institutions' risk profiles and business models, and (2) review their regulations more frequently and expand the scope of these reviews. The bill eases requirements regarding bank mergers, for example, by allowing financial regulators to approve certain bank mergers without considering if the merger is noncompetitive or monopolistic. The bill increases the dollar asset thresholds for various fees, reporting requirements, and other regulatory requirements so that more financial companies and banks are exempt from these requirements. For example, the bill increases the total asset threshold above which financial holding companies need Federal Reserve Board approval to acquire a company, thereby allowing for more acquisitions without board approval. The bill also raises certain asset thresholds so as to allow additional small bank holding companies to operate with higher debt levels and additional small banks to qualify for a longer examination cycle. The bill also provides flexibilities regarding the use of reciprocal deposits, the resolution of failed banks, and other regulated activities.
Bill· HRH.R. 1181 (119th)referred
United States · United States Congress · 11 February 2025
Protecting Privacy in Purchases Act This bill prohibits payment card networks from using merchant codes that distinguish firearms retailers from general-merchandise retailers or sporting-goods retailers. The Department of Justice must enforce this bill and report annually on the resulting investigations and cases.
Bill· HRH.R. 5396 (119th)open
United States · United States Congress · 16 September 2025
Price Stability Act of 2026 This bill removes maximum employment as a goal of the monetary policy set by the Board of Governors of the Federal Reserve System and the Federal Open Market Committee.
Bill· SS. 2528 (119th)referred
United States · United States Congress · 29 July 2025
Bill· HRH.R. 4801 (119th)open
United States · United States Congress · 29 July 2025
Unleashing AI Innovation in Financial Services Act This bill allows regulated financial entities to test artificial intelligence (AI) projects under waived or modified regulations upon the approval of an application by the appropriate federal financial regulatory agency. These agencies must establish AI innovation labs to enable such projects. Under the bill, regulated entities may engage in AI test projects associated with financial products, services, or activities. Regulated entities must apply to the appropriate agency with a description and proposed duration of the AI test project, propose an alternative compliance strategy, and explain how the AI test project serves the public interest and does not present certain risks. The alternative compliance strategy must include several elements, such as (1) identifying a regulation issued by an agency that the regulated entity requests to be waived or modified and (2) proposing an alternative method of compliance with the regulation's underlying statute. Upon approval, the agency may only enforce such a regulation according to the agreement. The bill also provides for agency review of such applications, establishes procedures for entities that are subject to regulation by multiple agencies, and allows agencies to file for injunctive relief if an AI test project presents certain risks or dangers.
Bill· HRH.R. 2152 (119th)open
United States · United States Congress · 14 March 2025
Artificial Intelligence Practices, Logistics, Actions, and Necessities Act or the AI PLAN Act This bill requires the Department of the Treasury, the Department of Homeland Security (DHS), and the Department of Commerce to submit a report on the risks posed by the use of artificial intelligence in the commission of financial crimes by adversarial actors. The report must describe interagency, intergovernmental, and public-private partnership activities, policies, and procedures to defend U.S. interests against the national and economic security risks posed by the use of artificial intelligence in the commission of financial crimes; provide a list of readily available resources that can be immediately deployed by federal agencies to combat these risks, and provide a list of resources needed by federal agencies to combat these risks. Risks that must be considered by the report include deepfakes, voice cloning, foreign election interference, synthetic identities, false flags that disrupt market operations, AI-supported social engineering, and general digital fraud. After submission of this report, Treasury, DHS, and Commerce must make recommendations for legislation and best practices for businesses and government entities to address these risks.
Bill· HRH.R. 6967 (119th)open
United States · United States Congress · 7 January 2026
Public Company Advisory Committee Act of 2026 This bill establishes the Public Company Advisory Committee within the Securities and Exchange Commission (SEC). The committee must advise the SEC on regulatory priorities, public reporting and corporate governance of public companies, shareholder meetings and the proxy process, and other topics. The committee must be comprised of individuals who are officers, directors, or senior officials of public companies; have senior managerial responsibility in associations that represent the interests of public companies; or provide professional advice and services to public companies.
Bill· HRH.R. 3402 (119th)referred
United States · United States Congress · 14 May 2025
This bill requires certain institutional investment managers that use proxy advisory firms to disclose information related to voting on shareholder proposals. (Proxy advisory firms provide voting services and advice to institutional investors in public companies for proposals presented at shareholder meetings.) Generally, institutional investment managers must report annually (1) how the manager voted on each shareholder proposal, (2) the percentage of votes cast in accordance with proxy advisory firm recommendations, and (3) explanations such as how votes are reconciled with fiduciary duties. Managers must also certify that votes were based solely on the best economic interest of the shareholders. In addition, large institutional investment managers must (1) inform customers that shareholders are not required to vote on every proposal; (2) on certain votes, determine through an economic analysis the vote that is in the best economic interest of shareholders; and (3) report any such analysis annually.
Bill· HRH.R. 2358 (119th)referred
United States · United States Congress · 26 March 2025
Ensuring Sound Guidance Act of 2025 or the ESG Act of 2025 This bill further defines the best interest of a customer for purposes of the standard of conduct for all brokers, dealers, and investment advisers. Currently, these professionals must act in the best interest of the customer without regard to the financial or other interests of the professional providing the advice. The bill adds that the best interest standard must be based on pecuniary factors (i.e., a factor that a fiduciary determines will have a material effect on an investment's performance) unless the customer otherwise directs. In addition, the Securities and Exchange Commission must report on (1) municipal bond disclosures regarding climate change and environmental matters, and (2) the effectiveness of specified rules in preventing the payment of government officials or candidates in exchange for government business in connection with the sale or offer of municipal securities.
Bill· HRH.R. 425 (119th)open
United States · United States Congress · 15 January 2025
Repealing Big Brother Overreach Act This bill repeals the Corporate Transparency Act. The act requires existing companies and newly created companies to report beneficial ownership information to the Department of the Treasury’s Financial Crimes Enforcement Network for purposes of addressing the financing of terrorism and money laundering.
Bill· HRH.R. 643 (119th)referred
United States · United States Congress · 23 January 2025
Federal Insurance Office Elimination Act This bill eliminates the Federal Insurance Office (FIO) within the Department of the Treasury. The bill also removes the FIO director as a nonvoting member of the Financial Stability Oversight Council.
Bill· HRH.R. 3629 (119th)referred
United States · United States Congress · 29 May 2025
Bill· HRH.R. 2094 (119th)referred
United States · United States Congress · 14 March 2025
Homes for Every Local Protector, Educator, and Responder Act of 2025 or the HELPER Act of 2025 This bill establishes a program administered by the Department of Housing and Urban Development to provide mortgage assistance to law enforcement officers, elementary and secondary school teachers, firefighters, or other first responders. Specifically, these individuals may be eligible for a first-time mortgage on a primary family residence with no down payment. Instead, the mortgage is subject to a one-time, up-front mortgage insurance premium.
Bill· SS. 1525 (119th)open
United States · United States Congress · 30 April 2025
Bill· HRH.R. 3074 (119th)referred
United States · United States Congress · 29 April 2025
Common Cents Act This bill generally ends the production of the penny and requires rounding to the nearest amount divisible by five for the payment or transfer of cash. The Department of the Treasury must stop producing the penny, except to meet collector needs. The penny shall continue to be legal tender. Any person selling goods or services in a cash transaction, entering into other transfers of cash, or paying cash wages to an employee must round the payment up or down in accordance with the bill. The bill takes effect one year after the date of enactment.
Bill· SS. 2265 (119th)referred
United States · United States Congress · 14 July 2025
Bill· HRH.R. 4382 (119th)referred
United States · United States Congress · 14 July 2025
Bill· HRH.R. 5484 (119th)referred
United States · United States Congress · 18 September 2025
Bill· HRH.R. 3633 (119th)open
United States · United States Congress · 29 May 2025
Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025 This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes. The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented. For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act .
Bill· SS. 3623 (119th)referred
United States · United States Congress · 13 January 2026
Bill· SS. 1289 (119th)referred
United States · United States Congress · 3 April 2025
Bill· SS. 978 (119th)referred
United States · United States Congress · 12 March 2025
Homes for Every Local Protector, Educator, and Responder Act of 2025 or the HELPER Act of 2025 This bill establishes a program administered by the Department of Housing and Urban Development to provide mortgage assistance to law enforcement officers, elementary and secondary school teachers, firefighters, or other first responders. Specifically, these individuals may be eligible for a first-time mortgage on a primary family residence with no down payment. Instead, the mortgage is subject to a one-time, up-front mortgage insurance premium.
Bill· SS. 427 (119th)referred
United States · United States Congress · 5 February 2025
Taking Account of Institutions with Low Operation Risk Act of 2025 or the TAILOR Act of 2025 This bill addresses the supervision of financial institutions. Federal financial regulatory agencies must (1) tailor any regulatory actions so as to limit burdens on the institutions involved, with consideration of the risk profiles and business models of those institutions; and (2) report to Congress on specific actions taken to do so, as well as on other related issues. The bill's tailoring requirement applies to future regulatory actions and to regulations adopted within the last seven years. The bill also reduces certain reporting requirements for community banks eligible for a simplified capital leverage ratio. Finally, federal banking agencies must report on the modernization of bank supervision, including examiner workforce and training and statutory changes necessary to achieve more effective supervision.
Bill· SS. 1916 (119th)referred
United States · United States Congress · 22 May 2025
Don’t Sell My DNA Act This bill establishes protections for genetic information (e.g., information about an individual's genetic tests) in bankruptcy, particularly genetic information held by companies. In bankruptcies, a trustee is appointed to arrange for the use, sale, or lease of property of the debtor’s estate. The bill provides that if the property of the estate includes genetic information, all affected persons—including those not involved in the bankruptcy—must consent in writing to the use, sale, or lease of the genetic information after the commencement of the bankruptcy case. The trustee or debtor in a Chapter 11 (reorganization) bankruptcy must delete such genetic information if it is not disposed of in accordance with this bill.
Bill· SS. 1659 (119th)open
United States · United States Congress · 7 May 2025
Bankruptcy Administration Improvement Act of 2025 This bill makes several changes to the administration of bankruptcy cases, particularly by increasing certain fees, extending the sunset date of various fees, and extending the term of specified bankruptcy judgeships. The bill increases the fees paid to the trustee in Chapter 7 (liquidation) cases. The bill extends for an additional five years the fees paid quarterly to the U.S. trustee in Chapter 11 (reorganization) cases. The bill also increases the fee percentage for cases with large disbursements, subject to limitations. Finally, temporary bankruptcy judgeships in various districts are extended for an additional five years.
Bill· SS. 1381 (119th)referred
United States · United States Congress · 9 April 2025
Protecting Employees and Retirees in Business Bankruptcies Act of 2025 This bill establishes limits on executive compensation and provides protections for employee wages and benefits if an employer files for Chapter 11 (reorganization) bankruptcy. First, the bill increases the limit on claims for wages, salaries, other employee benefits, and commissions from $10,000 to $20,000 and eliminates the requirement that such claims must have been earned within 180 days before the filing of the bankruptcy petition. The bill grants certain claims higher priority in the bankruptcy process, including specific types of severance pay; contributions to an employee benefit plan; back pay, civil penalties, or damages arising from certain labor law violations; and certain pension plan withdrawal liabilities. The bill also limits executive compensation under a reorganization plan. For example, insiders (parties with close relationships to the debtor), senior executives, and others as specified by the bill may only receive payments or other distributions that are generally applicable to all full-time employees, subject to certain limits. The bill further restricts the compensation of any insider who continues to be employed by the debtor. A reorganization plan may only be approved if it provides for the recovery of claims relating to retiree benefits or for other financial returns paid under the plan. The bill also provides protections for collective bargaining agreements (CBAs) during bankruptcy proceedings. If a proceeding resulting from a CBA was or could have been commenced before the bankruptcy, the bankruptcy does not act as a stay in such a proceeding.
Bill· HRH.R. 6126 (119th)referred
United States · United States Congress · 19 November 2025
Bill· HRH.R. 987 (119th)referred
United States · United States Congress · 5 February 2025
Fair Access to Banking Act This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties. Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. The bill establishes the right for a person to bring a civil action for a violation of this bill.
Bill· HRH.R. 1976 (119th)referred
United States · United States Congress · 10 March 2025
Bill· SS. 2229 (119th)referred
United States · United States Congress · 9 July 2025
Bill· SS. 3830 (119th)referred
United States · United States Congress · 11 February 2026
Bill· SS. 3671 (119th)referred
United States · United States Congress · 15 January 2026
Bill· SS. 3216 (119th)referred
United States · United States Congress · 19 November 2025
Bill· SS. 2924 (119th)referred
United States · United States Congress · 29 September 2025
Bill· SS. 1715 (119th)referred
United States · United States Congress · 12 May 2025
Bill· HRH.R. 1483 (119th)reported
United States · United States Congress · 21 February 2025
Bill· HRH.R. 1787 (119th)referred
United States · United States Congress · 3 March 2025
Bill· HRH.R. 3573 (119th)referred
United States · United States Congress · 21 May 2025
Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 or the Stop TRUMP in Crypto Act of 2025 This bill prohibits certain government officials and their families from engaging in specified activities involving digital assets (including financial contracts, products, or instruments that derive their value from a digital asset). Specifically, the President, the Vice President, and Members of Congress (and their spouses, children, and children's spouses) are prohibited from owning a proportion of such an asset that allows the individual to unilaterally make changes to the asset; serving as an officer, director, or owner of an asset issuer; issuing, sponsoring, promoting, or receiving any direct or indirect compensation for the sale, marketing, or mining of such an asset in the United States or to a person in the United States; or trading assets while the official is in office if the individual has material non-public information about such assets. The bill also prohibits indirect engagement in such activities through intermediaries such as trusts or corporations or through other arrangements intended to conceal the individual’s beneficial ownership or control. Individuals who violate this bill are subject to penalties including fines and imprisonment.
Bill· SS. 3940 (119th)referred
United States · United States Congress · 26 February 2026
Bill· SS. 3755 (119th)open
United States · United States Congress · 2 February 2026
Law· SS. 1582 (119th)enacted
United States · United States Congress · 1 May 2025
Guiding and Establishing National Innovation for U.S. Stablecoins Act or the GENIUS Act This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed value). Under the bill, only permitted issuers may issue a payment stablecoin for use by U.S. persons, subject to certain exceptions and safe harbors. Permitted issuers must be a subsidiary of an insured depository institution, a federal-qualified nonbank payment stablecoin issuer, or a state-qualified payment stablecoin issuer. Permitted issuers must be regulated by the appropriate federal or state regulator. Permitted issuers may choose federal or state regulation; however, state regulation is limited to those with a stablecoin issuance of $10 billion or less. Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified. Permitted issuers must also publicly disclose their redemption policy and publish monthly the details of their reserves. The bill specifies requirements for (1) reusing reserves; (2) providing safekeeping services for stablecoins; and (3) supervisory, examination, and enforcement authority over federal-qualified issuers. The bill allows foreign issuers of stablecoins to offer, sell, or make available in the United States stablecoins using digital asset service providers, subject to requirements, including a determination by the Department of Treasury that they are subject to comparable foreign regulations. Under the bill, permitted payment stablecoins are not considered securities under securities law. However, permitted issuers are subject to the Bank Secrecy Act for anti-money laundering and related purposes.
Bill· SS. 2840 (119th)referred
United States · United States Congress · 17 September 2025
Bill· SS. 401 (119th)referred
United States · United States Congress · 4 February 2025
Fair Access to Banking Act This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties. Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. The bill establishes the right for a person to bring a civil action for a violation of this bill.
Law· SJRESS.J.Res. 28 (119th)enacted
United States · United States Congress · 27 February 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority. The rule defines larger participants in this market as nonbanks (1) with an annual volume of at least 50 million transactions, and (2) that are not small business concerns.
Bill· HJRESH.J.Res. 64 (119th)referred
United States · United States Congress · 27 February 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau (CFPB) titled Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications and published on December 10, 2024. The rule defines larger participants in the general-use digital consumer payment application market (i.e., payment apps) that are subject to CFPB supervisory authority. The rule defines larger participants in this market as nonbanks (1) with an annual volume of at least 50 million transactions, and (2) that are not small business concerns.
Bill· HJRESH.J.Res. 59 (119th)open
United States · United States Congress · 13 February 2025
This joint resolution nullifies the final rule issued by the Consumer Financial Protection Bureau titled Overdraft Lending: Very Large Financial Institutions and published on December 30, 2024. The rule revises provisions regarding charges for insufficient funds in a customer’s bank account (i.e., overdrafts) at very large financial institutions. Under the rule, these institutions must (1) cap overdraft charges at $5; (2) with justification, cap charges at a higher amount; or (3) handle overdrafts as credit and comply with applicable Truth in Lending Act disclosure requirements.