On 21 April 2026, the U.S. House Committee on Financial Services voted to report four bills to the House of Representatives, advancing measures that would reduce reporting burdens for small lenders, set expectations for retirement plan fiduciaries, increase transparency around China’s exchange rate practices, and roll back certain federal data collection and reporting requirements tied to financial privacy. The Committee reported H.R. 941, the Small Lenders Exempt from New Data and Excessive Reporting (LENDER) Act, by a 26–22 vote; H.R. 8286, the Protecting Americans’ Retirement Savings from Politics Act, by a 27–24 vote; H.R. 8290, the China Exchange Rate Accountability Act of 2026, by a 32–20 vote; and H.R. 425, the Repealing Big Brother Overreach Act, by a 26–25 vote. With committee reporting completed, the bills move to the full House for further consideration.
U.S. Financial Services Committee 2026-04-22
U.S. House Committee on Financial Services reports four bills to the House including small-lender reporting relief and financial privacy changes
The U.S. House Financial Services Committee has voted to advance four bills that would ease reporting requirements for small lenders, set expectations for retirement plan fiduciaries, increase transparency on China’s exchange rate practices, and roll back certain federal financial data collection and privacy-related reporting. The measures are H.R. 941 (LENDER Act), H.R. 8286 (Protecting Americans’ Retirement Savings from Politics Act), H.R. 8290 (China Exchange Rate Accountability Act of 2026), and H.R. 425 (Repealing Big Brother Overreach Act).