Track bills, resolutions, and amendments moving through Congress
American Access to Banking Act
The bill makes launching de novo banks and credit unions faster and more transparent—likely improving local credit access and aiding small/community institutions—while increasing administrative costs, creating some investor/depositor safety risks if oversight or protections are weakened, and producing potential unevenness in who benefits.
Digital Asset Market Clarity Act
This bill aims to create a comprehensive federal framework that promotes clearer classifications, custody protections, and pathways for legitimate digital‑asset activity to expand market participation and safety, but it does so by imposing substantial compliance costs, carving out jurisdictional limits that risk oversight gaps, and creating tradeoffs that could reduce some investor protections and push activities offshore.
Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
This bill aims to ease capital formation and expand modernized access to private markets (including by creating an exam pathway and streamlining filings) while trading off stronger investor protections, transparency, and SEC oversight — shifting more due diligence risk onto investors and advantaging better‑resourced market participants.
Improving Capital Allocation for Newcomers Act of 2025
The bill makes it easier and clearer for smaller funds to raise capital and mandates a transparent SEC study, but it does so by loosening thresholds in ways that reduce investor protections, raise oversight and security concerns, and may create prolonged transitional and regulatory uncertainty.
Expanding WKSI Eligibility Act
The bill makes it easier and faster for many mid-size public companies to access capital and adds a modest transparency requirement for withdrawn WKSI ineligibility requests, at the cost of increased potential systemic and investor risk and some added SEC administrative expense.
Developing and Empowering our Aspiring Leaders Act of 2025
The bill clarifies which secondary and fund investments count as qualifying VC investments and reduces regulatory uncertainty for fund managers, but it also imposes ownership limits and additional compliance/valuation requirements that may constrain fund flexibility and reduce capital available to some startups while raising costs.
Enhancing Multi-Class Share Disclosures Act
The bill increases transparency about voting power and standardized metrics to help investors and strengthen governance, at the cost of added compliance and proxy-preparation burdens for issuers and potential disclosure of sensitive ownership information.
Middle Market IPO Cost Act
The bill funds a GAO study that could improve access to public markets and give Congress evidence for capital-formation reforms, but those benefits may come with new regulatory compliance costs for some firms and modest administrative burdens on the GAO.
Small Entity Update Act
The bill reduces regulatory burden for more small SEC-regulated firms by broadening and inflation-indexing small-entity thresholds and increases congressional oversight, but it risks diluting investor protections, raises administrative costs for taxpayers, and may create periodic uncertainty for firms.
Improving Access to Small Business Information Act
The bill speeds and simplifies submissions to the SEC Advocate and can lower compliance costs for small issuers, but it removes OMB’s PRA review and related safeguards, increasing the risk of duplicative information requests, reduced transparency, and weaker oversight/accountability.
Greenlighting Growth Act
The bill lowers costs and ongoing reporting burdens for emerging growth companies but does so by reducing historical acquisition-related disclosures, trading greater convenience for issuers against reduced transparency and potentially higher market risk for investors.
Equal Opportunity for All Investors Act of 2025
The bill expands access to private offerings for knowledgeable non‑wealthy investors via a free SEC‑designed exam (potentially improving investor understanding), but raises the risk that more retail investors will suffer losses from complex private securities and creates administrative costs and potential weaknesses if the exam standard is inadequate.
Senior Security Act of 2025
GENIUS Act
The bill trades broader consumer protections, financial‑stability safeguards, and a clear federal regulatory regime for payment stablecoins against higher compliance costs, reduced competition/innovation (especially for smaller or decentralized projects), greater federal preemption, and privacy/enforcement tradeoffs that may raise fees and limit some cross‑border choices.
Promoting Opportunities for Non-Traditional Capital Formation Act
The bill expands SEC outreach and state coordination to help small, underrepresented, and disaster-affected firms access capital, but does so with modest federal cost, uneven geographic reach, and potential diversion of SEC resources from enforcement and rulemaking.
Fair Investment Opportunities for Professional Experts Act
The bill expands pathways for wealthy, credentialed, and industry professionals to access private capital markets while preserving high eligibility bars that leave many middle‑income Americans excluded and impose new compliance burdens on issuers and brokers.
Encouraging Public Offerings Act of 2025
The bill makes it easier for more companies to prepare and test securities offerings and increases Congressional oversight of SEC rulemaking, but it shortens public disclosure windows and raises transparency, fairness, compliance-cost, and potential delay concerns for investors and some issuers.
HALOS Act of 2025
The bill expands in-person fundraising opportunities and offers legal protections for event hosts to speed capital formation for startups, but does so by widening solicitation pathways in ways that increase investor exposure to risky, less-transparent offerings and create enforcement/regulatory-arbitrage risks.
ELEVATE Act of 2025
The bill makes it cheaper and faster for emerging growth companies to go and stay public, but does so by reducing disclosure—trading stronger investor information and potentially higher market stability for lower compliance costs and quicker access to capital.
Access to Small Business Investor Capital Act
Expanding Access to Capital for Rural Job Creators Act
The bill inserts unspecified regulatory text that creates legal and operational uncertainty and may raise compliance costs for financial firms until the content is clarified.
Harriet Tubman Tribute Act of 2025
The bill permanently places Harriet Tubman on future $20 notes and creates a timetable with a limited safety delay to protect currency integrity, trading symbolic representation and clearer process for measurable printing and transition costs and some potential public controversy.
GENIUS Act of 2025
The bill trades stronger consumer protections, clearer supervisory pathways, and financial‑stability safeguards for payment stablecoins against higher compliance costs, reduced competition favoring banks and incumbents, regulatory complexity, and some privacy and creditor‑recovery trade‑offs.
Saving Privacy Act
The bill significantly strengthens individuals' financial-privacy and anti‑centralization protections and expands remedies for unlawful disclosures, but does so at the cost of reduced investigative and market‑surveillance capabilities, increased compliance and litigation burdens on banks (and possibly taxpayers), and limits on certain policy tools such as a Fed retail CBDC.
Protecting Investors’ Personally Identifiable Information Act
The bill improves privacy protections for market participants' personal data by restricting SEC access and requiring destruction, but it introduces compliance and operational burdens that may slow enforcement and increase costs.
Retirement Fairness for Charities and Educational Institutions Act of 2025
The bill clarifies and reduces compliance costs for many 403(b) plans and strengthens plan‑level fiduciary review, but does so by reducing securities‑law registration and SEC oversight, shifting risk to participants, increasing employer fiduciary burden, and creating potential regulatory fragmentation.
STOP Corrupt Bets Act of 2026
The bill prioritizes reducing speculative, gambling-like prediction markets and protecting market integrity—at the cost of restricting certain event-linked trading instruments, which may reduce liquidity, raise hedging and compliance costs, and create regulatory uncertainty for market participants.
Prioritizing the Warfighter in Defense Contracting Act of 2026
The bill tightens pay limits and oversight for large DoD contractors—improving transparency and giving the government stronger enforcement tools—while imposing new compliance costs, legal uncertainties, and risks to competition that could raise program costs or delay deliveries.
Regulation A+ Improvement Act of 2026
The bill increases predictability and preserves the exemption's real value by indexing the threshold for inflation, but that same indexing will likely push some smaller issuers out of the exemption—raising their compliance costs—while creating modest ongoing SEC administrative work.
BETS OFF Act
The bill aims to curb harmful event-based wagering and close legal gaps to protect markets and public safety, but does so with broad prohibitions and ambiguous definitions that could restrict legitimate hedging, raise compliance and enforcement costs, and create substantial legal uncertainty for businesses, platforms, and regulators.
