HR4936Referred to Committee

TRAPS Act

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-08-08
Introduced
52
Cosponsors
HR
ⓘ
Type

Sponsor

Zachary Nunn
Zachary Nunn
Republican · IA · Representative
Votes with party: 96.0% (576 recorded votes)

Full profile: /officials/N000193

Source: Congress.gov · FEC

Cosponsors (52)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-08-08

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

The TRAPS Act addresses financial regulations and practices in the banking and financial services sector, though the specific provisions are not detailed in the available information. Based on its referral to the House Financial Services Committee, the bill likely aims to modify how financial institutions operate, potentially affecting banks, investment firms, and their customers. The exact impact on consumers, businesses, or financial markets would depend on the bill's specific requirements once it moves through the legislative process.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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