S3721Referred to Committee

Empowering States' Rights To Protect Consumers Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-01-29
Introduced
3
Cosponsors
S
ⓘ
Type

Sponsor

Sheldon Whitehouse
Sheldon Whitehouse
Democrat · RI · Senator
Votes with party: 60.7% (318 recorded votes)

Full profile: /officials/W000802

Source: Congress.gov · FEC

Cosponsors (3)

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 →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-01-29

Source: Congress.gov

Plain-English Summary

This bill would allow individual states to set their own financial regulations and consumer protections rather than having the federal government create uniform rules across the country. Banks, credit card companies, and other financial institutions would need to comply with different state requirements depending on where they operate. The change could give states more control over protecting their residents from financial fraud and unfair lending practices, though it might also create confusion and higher costs for companies doing business in multiple states.

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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