Track bills, resolutions, and amendments moving through Congress
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.
Improving Capital Allocation for Newcomers Act of 2025
The bill expands and clarifies private‑fund exemptions to increase capital access and regulatory certainty for funds and startups, but it does so while reducing oversight and transparency for some investors, delaying evidence-based reforms, and creating privacy and future‑proofing risks.
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easier and faster for many mid-size public companies to access capital and adds a modest transparency requirement for withdrawn WKSI ineligibility requests, at the cost of increased potential systemic and investor risk and some added SEC administrative expense.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 makes it easier for funds to qualify as venture capital (and provides a clear SEC implementation timeline), which can increase liquidity and flexibility for managers and investors but risks diluting the traditional focus on direct early-stage financing and could enable regulatory arbitrage that weakens investor protections.
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.
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
Small Entity Update Act
The bill reduces compliance burdens for many small broker-dealers and advisers and locks in periodic inflation updates and public review, but does so at the potential cost of weaker investor disclosures/protections, added short-term administrative costs, and some regulatory uncertainty.
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 compliance costs and speeds market access for emerging growth companies by exempting certain historical acquired-company financials, at the cost of reduced historical disclosure that increases investor information risk and could weaken regulatory comparability/oversight.
Equal Opportunity for All Investors Act of 2025
The bill expands access to private investments and bases accreditation on demonstrated knowledge (via a free test), improving investor protection for many, while increasing compliance and administrative costs and risking exclusion or credentialism for some capable investors.
Senior Security Act of 2025
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.
Promoting Opportunities for Non-Traditional Capital Formation Act
The bill aims to help underserved small businesses access capital through SEC outreach and state coordination, but its impact depends heavily on whether regulators have the sustained resources and stronger-than-annual engagement needed to make those efforts meaningful rather than administrative obligations.
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
ELEVATE Act of 2025
Access to Small Business Investor Capital Act
Expanding Access to Capital for Rural Job Creators Act
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.
Saving Privacy Act
The bill increases Americans' financial privacy and reduces reporting burdens for firms and small sellers, but it does so at the cost of making law‑enforcement and regulatory oversight harder, raising implementation and litigation risks, and limiting future payments innovation.
Capital Gains Inflation Relief Act of 2025
The bill shields long-term noncorporate owners from taxation on inflation-driven gains—lowering tax bills for many individuals and small businesses—but does so at the cost of greater complexity, uneven treatment (excluding corporations), potential enforcement disputes, and reduced federal revenue.
Protecting Investors’ Personally Identifiable Information Act
The bill strengthens privacy protections for individuals' personal data and reduces some compliance exposure for firms, but it does so at the cost of faster timeframes and narrower routine access that may weaken regulators' ability to investigate and enforce against market abuse.
Expanding Access to Capital for Rural Job Creators Act
Retirement Fairness for Charities and Educational Institutions Act of 2025
The bill preserves lower-cost retirement investment options and regulatory clarity for financial firms while increasing exemptions that reduce some investor protections and oversight and shifting administrative burdens onto plan sponsors.
Regulation A+ Improvement Act of 2026
Updating the $50M threshold for inflation provides predictable, market‑relevant rules that protect many small issuers and simplify enforcement, but it hands more numeric control to the SEC and could increase compliance burdens for some firms over time.
Senior Security Act of 2026
The bill would strengthen data-driven oversight and coordination to better protect seniors from financial exploitation, but achieving real protections will take time and may impose resource and compliance costs while some reforms could expire unless further action is taken.
ELEVATE Act of 2026
The bill makes it easier and cheaper for issuers—especially emerging growth companies—to prepare offerings by allowing confidential SEC review and narrower historical disclosure, but it does so at the cost of reduced transparency, oversight, and information available to investors.
Reinforce the Foreign Corrupt Practices Act of 1977 by establishing a limitations period of 10 years for antibribery offenses, and for other purposes.
The bill makes it easier to deter and prosecute complex international bribery by extending the federal limitations period to 10 years (with an 8-year sunset), at the cost of longer legal exposure, higher compliance and enforcement expenses, and potential disruption and reputational risk for businesses.
