Track bills, resolutions, and amendments moving through Congress
$2.50 for America’s 250th Act
The bill offers a visible national commemoration and potential numismatic revenue, but it risks taxpayer exposure to production and rollout costs and transitional burdens for banks, retailers, and buyers of precious‑metal issues.
Financial Stability Oversight Council Improvement Act of 2025
The bill adds procedural protections and interagency consultation to reduce arbitrary designations of systemically risky nonbanks, but those added steps could delay regulatory action and make it harder to impose timely safeguards, potentially increasing systemic risk and costs to taxpayers.
Bringing the Discount Window into the 21st Century Act
The bill aims to make the Fed's emergency lending (discount window) more reliable, transparent, and technologically resilient—helping banks and depositors—while imposing additional costs, tight remediation deadlines that could prompt rushed fixes, and some confidentiality that limits public scrutiny.
Bankruptcy Administration Improvement Act of 2025
The bill secures more predictable, fee-funded support and longer-term stability for bankruptcy courts and trustees—improving operations and trustee pay—at the cost of shifting how filing fees are allocated, raising the risk of higher costs for filers, reduced flexibility in funding as caseloads change, and added administrative and legal complexity.
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
The bill lowers barriers and recurring frictions to capital formation and investment access for issuers and some investors, but it does so by loosening disclosure, oversight, and investor‑protection guardrails—shifting greater risk onto retail investors and potentially increasing systemic exposure.
Systemic Risk Authority Transparency Act
The bill boosts speedier GAO and congressional oversight and transparency around systemic-risk designations and bank supervision while trading off greater exposure of confidential supervisory materials, potential diversion of agency resources during crises, concentrated access to sensitive materials, and higher legal risks.
Made in America Manufacturing Finance Act
The bill concentrates new, clearer support and larger financing options on fully U.S.-based small manufacturers to strengthen domestic supply chains, but it narrows eligibility, raises taxpayer/SBA financial risk, and creates administrative and legal uncertainty that could delay or limit benefits for some firms.
Digital Asset Market Clarity Act of 2025
The bill centralizes and clarifies federal oversight—providing stronger custody, disclosure, and AML safeguards and a statutory pathway for some token classifications—while imposing substantial compliance burdens, preempting state rules, creating transitional uncertainty, and leaving protection gaps for non‑brokered crypto users that could harm small firms, some investors, and market liquidity.
Homebuyers Privacy Protection Act
The bill strengthens consumer privacy around mortgage prescreening and commissions a study on trigger-lead marketing, improving protections and evidence for policymaking but adding administrative burdens, compliance costs, and potential delays or restrictions that could slow mortgage offer matching and raise costs for consumers and lenders.
Bankruptcy Administration Improvement Act of 2025
The bill trades higher, more predictable funding for trustees and clearer federal fee allocations (which can improve bankruptcy administration and retain judicial experience) against higher costs shifted to filers, reduced local court funding flexibility, and some legal and accountability risks.
China Financial Threat Mitigation Act of 2025
The bill improves transparency and policymaker tools to identify and mitigate U.S. exposure to Chinese financial and data risks—boosting market resilience and informed decision-making—while creating risks of diplomatic friction, market volatility, and potential costlier regulations and taxpayer-funded compliance.
Aligning SEC Regulations for the World Bank’s International Development Association Act
GENIUS Act
The bill sharply increases consumer safety, AML/sanctions capabilities, and regulatory clarity for payment stablecoins but does so by concentrating issuance among regulated banking entities, imposing heavy compliance and surveillance regimes, and restricting many non‑bank and foreign options—trading broader access and innovation for stronger oversight and stability.
Anti-CBDC Surveillance State Act
The bill prioritizes privacy, banking-sector stability, and congressional control by preventing the Federal Reserve from creating a retail CBDC, but that protection comes at the cost of slower payment innovation, reduced options for financial inclusion, constrained policy tools, and increased uncertainty for fintech innovation.
Homebuyers Privacy Protection Act
The bill increases privacy and consumer control over mortgage-related credit data and boosts accountability for firms, but it imposes compliance costs, may reduce some prescreened offers consumers find useful, and leaves room for legal uncertainty.
CEASE Act of 2025
The bill trades tighter oversight and lower administrative complexity by limiting the number of authorized lenders against reduced access to loans, less competition and higher costs for some small businesses, plus concentration and discretion risks for the SBA.
American Entrepreneurs First Act of 2025
The bill increases clarity and enforces citizenship/LPR-based eligibility for SBA loans—giving eligible U.S. citizen and LPR small-business owners more predictable access while excluding many immigrant entrepreneurs and risking reduced lending and economic harm in communities that depend on immigrant-owned businesses.
SERV Act
The bill improves data, outreach, and oversight that could lead to better-targeted support and credit protections for veteran small-business owners, but it forbids new appropriations and shifts implementation onto existing agency budgets—raising the risk of delayed benefits, service reductions, and added administrative burdens.
Credit Union Board Modernization Act
The bill applies a risk‑based schedule for board meetings that strengthens oversight for new and weaker credit unions and reduces burdens on well‑run ones, trading off increased protection and efficiency against risks of reduced oversight gaps and added strain on small, volunteer-led institutions.
Protect Small Businesses from Excessive Paperwork Act of 2025
The bill trades clearer, standardized filing timing (less uncertainty, easier planning) for a shorter statutory compliance window that may raise costs and administrative burdens for some firms and regulators.
Chinese Currency Accountability Act of 2025
The bill increases Congressional oversight and conditions U.S. support for IMF/RMB changes to protect financial stability and U.S. influence, but it risks politicizing IMF processes, reducing diplomatic flexibility with China, and creates long-term uncertainty through a 10-year sunset on its measures.
Recognizing that climate change portends a cascade of financial market collapses that would destabilize the national and global economies.
The bill seeks to reduce long‑term climate and financial risks—protecting homeowners, taxpayers, and the financial system—but doing so may impose near‑term costs, market uncertainty, and stricter insurance/banking requirements that hurt some households and businesses.
Expressing the sense of the Senate that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should take immediate steps to lower interest rates to support economic growth, job creation, and affordability for American families and businesses.
The resolution pushes for lower interest rates to boost jobs, household cash flow, and reduce federal debt costs, but risks higher inflation, weaker savers' returns, financial instability, and politicizing the Federal Reserve.
Downpayment Toward Equity Act of 2025
The bill would mobilize substantial federal funding and programmatic tools to expand and target homeownership—especially for low‑income and historically disadvantaged communities—while increasing federal spending and imposing significant administrative, privacy, eligibility, and oversight risks that could limit effectiveness and invite disputes.
BITCOIN Act of 2025
The bill creates a large, transparent federal Bitcoin reserve and legal protections for private self-custody—potentially diversifying government assets and increasing oversight—while concentrating financial, cybersecurity, and fiscal risks on taxpayers and restricting agencies' operational flexibility.
Transparency in Banking Act
The bill increases transparency and congressional oversight of international bank-rule deliberations—helping markets and business planning—but at the cost of administrative burden, possible market volatility, and reduced negotiating flexibility in international talks.
American Housing and Economic Mobility Act of 2025
The bill directs large new federal resources and regulatory changes to expand affordable housing, accessibility, nondiscrimination, and community investment—boosting housing supply and access for underserved groups—while increasing federal spending, tax burdens for some estates, and compliance/market costs that could reduce supply, complicate transactions, or tighten credit in some markets.
GENIUS Act of 2025
The bill aims to make payment stablecoins safer and more transparent by imposing strict reserve, custody, supervision, and reporting rules and by creating a federal licensing and oversight regime — but those protections come at the cost of higher compliance costs, delayed rule effect in some cases, increased legal penalties, and risks of reduced competition and regulatory complexity.
LIONs Act of 2025
The bill would expand access to much larger SBA-backed loans—potentially boosting small-business investment and lending—at the cost of introducing drafting errors that create legal, administrative, and fiscal risks which could delay financing and expose taxpayers to greater losses.
FIRM Act
The bill reduces regulatory ambiguity and limits supervisory actions tied to subjective 'reputational risk,' benefiting legal businesses and lowering some compliance burdens, but in doing so narrows regulators' tools to spot and address non‑financial risks, potentially raising systemic, consumer, and national‑security exposures.
