House Passes Six Bipartisan Financial Services Bills
Washington,
February 9, 2026
Today, the House of Representatives passed six bipartisan bills from the House Committee on Financial Services. H.R. 6644- Housing for the 21st Century Act, sponsored by Chairman French Hill (AR-02), Ranking Member Maxine Waters (CA-43), Subcommittee on Housing and Insurance Chairman Mike Flood (NE-01), and Subcommittee on Housing and Insurance Ranking Member Emanuel Cleaver (MO-05), passed the House by a recorded vote of 390-9. H.R. 6644 reduces regulatory barriers that drive up housing costs, modernizes federal housing programs, and improves access to capital for builders and lenders. Together, these reforms will increase housing supply, promote affordability, and expand homeownership nationwide.
H.R. 3682- Financial Stability Oversight Council Improvement Act, sponsored by Rep. Bill Foster (D-11) and Committee Vice Chairman Bill Huizenga (MI-04), unanimously passed the House by voice vote. H.R. 3682 reforms the Financial Stability Oversight Council (FSOC) by strengthening transparency, accountability, and procedural safeguards in its decision-making process. It ensures regulated entities receive clearer guidance, improved due process, and greater oversight when FSOC exercises its authority.
H.R. 5616- $2.50 for America’s 250th Act, sponsored by Rep. Robert Aderholt (AL-04), unanimously passed the House by voice vote. H.R. 5616 authorizes the U.S. Mint to issue commemorative coins honoring the 250th anniversary of the United States. Proceeds from the coin program would support educational, historical, and patriotic initiatives tied to the nation’s semiquincentennial celebration.
H.R. 3390- Bringing the Discount Window into the 21st Century Act, sponsored by Rep. Monica De La Cruz (TX-15), unanimously passed the House by voice vote. H.R. 3380 modernizes the Federal Reserve’s discount window to improve its effectiveness during times of financial stress. It promotes greater transparency and accessibility, ensuring banks can better rely on the discount window to maintain liquidity and financial stability.
H.R. 3190- BRAVE Burma Act, sponsored by Vice Chairman Huizenga, unanimously passed the House by voice vote. H.R. 3190 strengthens U.S. efforts to hold the Burmese military regime accountable for human rights abuses and democratic backsliding. It enhances sanctions authorities and supports initiatives that promote democracy, stability, and the rule of law in Burma.
H.R. 1531- PROTECT Taiwan Act, sponsored by Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Chairman Frank Lucas (OK-03), passed the House by a recorded vote of 395-2. In the event of a CCP move on Taiwan, the bill requires the Treasury Department, Federal Reserve, and Securities and Exchange Commission to seek China’s exclusion from the G20, Bank for International Settlements, Financial Stability Board, Basel Committee on Banking Supervision, International Association of Insurance Supervisors, and International Organization of Securities Commissions.
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