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Financial Services Advances 4 Bills

Washington, April 22, 2026

Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), successfully reported 4 bills to the House of Representatives.

“The bills before us encompass a wide range of policy areas, each reflecting the Committee’s focus on promoting economic growth, strengthening market integrity, and ensuring our regulatory framework keeps pace with a rapidly evolving financial landscape,” said Chairman Hill.

H.R. 941, the Small Lenders Exempt from New Data and Excessive Reporting (LENDER) Act, offered by Chairman Hill, passed 26-22. This bill reduces unnecessary reporting requirements on small lenders to ease regulatory burdens, expand access to credit, and strengthen community lending for families and small businesses.

  • Watch Chairman Hill’s remarks here.
  • Watch Subcommittee on Oversight and Investigations Chairman Dan Meuser’s (PA-09) remarks here.
  • Watch Committee on Small Business Chairman Roger Williams’ (TX-25) remarks here.

H.R. 8286, the Protecting Americans’ Retirement Savings from Politics Act, offered by Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (WI-01), passed 27-24. This bill protects Americans’ retirement savings from politicized investment mandates by ensuring fiduciaries prioritize financial returns for workers and retirees.

  • Watch Rep. Steil’s remarks here.
  • Watch Subcommittee on Capital Markets Chairman Ann Wanger’s (MO-02) remarks here.

H.R. 8290, the China Exchange Rate Accountability Act of 2026, sponsored by Rep. Pete Sessions (TX-25), passed 32-20. This bill increases transparency and accountability in China’s exchange rate practices to ensure more balanced trade.

  • Watch Rep. Sessions’ remarks here.
  • Watch Subcommittee on National Security, Illicit Finance, and International Financial Institutions Chairman Warren Davidson’s (OH-08) remarks here.

H.R. 425, the Repealing Big Brother Overreach Act, sponsored by Rep. Davidson, passed 26-25. This bill rolls back excessive federal data collection and reporting requirements to protect Americans’ financial privacy and reduce government overreach.

  • Watch Rep. Davidson’s remarks here.
  • Watch Rep. Andy Ogles’ (TN-05) remarks here.

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