HR941Reported by Committee
Small LENDER Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-02-04
Introduced
15
Cosponsors
HR
ⓘType
Latest Action
Ordered to be Reported by the Yeas and Nays: 26 - 22.
2026-04-21
Bill Summary
The Small LENDER Act would likely make it easier for smaller financial institutions and lenders to operate by reducing regulatory requirements or compliance costs that currently apply to them. This could affect small banks, credit unions, and other community lenders that serve local borrowers and businesses. The goal would probably be to help these smaller lenders compete more effectively while still maintaining basic consumer protections.
Subjects
Commerce
Read the full bill text