Financial Services Committee Advances 25 Bills to Strengthen Community Banking, Scale Back Overregulation, and Expand Access to Capital

The House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 25 bills to the full U.S. House of Representatives for consideration.

“During our past five months of the 119th Congress, this Committee has been hard at work examining solutions to improve the quality and condition of financial regulation to empower access to capital for American businesses – large and small. These bills strengthen community banking in America, relieve small businesses from the strain of harmful overregulation, expand access to capital, and more,” said Chairman Hill.

Legislation considered during the markup:

• H.R. 3394, the Fair Investment Opportunities for Professional Experts Act, sponsored by Chairman French Hill and Rep. Juan Vargas (CA-52), passed 45-1.

o Watch Chairman Hill’s remarks here.

• H.R. 3381, the Encouraging Public Offerings Act of 2025, sponsored by Rep. Ann Wagner (MO-02) and Rep. Gregory Meeks (NY-05), passed 48-2.

o Watch Rep. Wagner’s remarks here.

• H.R. 3351, the Improving Access to Small Business Information Act, sponsored by Rep. Young Kim (CA-40) and Rep. Josh Gottheimer (NJ-05), passed 50-0.

o Watch Rep. Kim’s remarks here.

• H.R. 3343, the Greenlighting Growth Act, sponsored by Rep. Mike Haridopolos (FL-08), passed 49-2.

o Watch Rep. Haridopolos’ remarks here.

• H.R. 3383, the Increasing Investor Opportunities Act, sponsored by Rep. Ann Wagner, Rep. Gregory Meeks, Rep. Ritchie Torres (NY-15), and Rep. David Scott (GA-13), passed 41-10.

o Watch Rep. Wagner’s remarks here.

• H.R. 3301, the ELEVATE Act, sponsored by Rep. Zach Nunn (IA-03) and Rep. Janelle Bynum (OR-05), passed 50-1.

o Watch Rep. Nunn’s remarks here.

• H.R. 3339, the Equal Opportunity for All Investors Act of 2025, sponsored by Rep. Mike Flood (NE-01) and Rep. Cleo Fields (LA-06), passed 49-2.

o Watch Rep. Flood’s remarks here.

• H.R. 1190, the Expanding Access to Capital for Rural Job Creators Act, sponsored by Rep. Troy Downing (MT-02) and Rep. Janelle Bynum, passed 51-0.

o Watch Rep. Downing’s remarks here.

• H.R. 3352, the Helping Angels Lead Our Startups (HALOS) Act of 2025, sponsored by Rep. Mike Lawler (NY-17) and Rep. Josh Gottheimer, passed 50-1.

o Watch Rep. Lawler’s remarks here.

• H.R. 3348, the Accredited Investor Definition Review Act, sponsored by Rep. Bill Huizenga (MI-04), passed 34-16.

o Watch Rep. Huizenga’s remarks here.

• H.R. 2441, the Improving Disclosure for Investors Act of 2025, sponsored by Rep. Bill Huizenga and Rep. Brad Sherman (CA-32), passed 39 to 11.

o Watch Rep. Huizenga’s remarks here.

• H.R. 1013, the Retirement Fairness for Charities and Educational Institutions Act of 2025, sponsored by Rep. Frank Lucas (OK-03), Rep. Josh Gottheimer, and Rep. Bill Foster (IL-11), passed 43-8.

o Watch Rep. Lucas’ remarks here.

• H.R. 3323, the Helping Startups Continue to Grow Act, sponsored by Rep. Bryan Steil (WI-01), passed 31-20.

o Watch Rep. Steil’s remarks here.

• H.R. 3382, the Small Entity Update Act, sponsored by Rep. Ann Wagner, Rep. Ritchie Torres, Rep. Sean Casten (IL-06), and Rep. David Scott, passed 51-0.

o Watch Rep. Wagner’s remarks here.

• H.R. 1900, the Bank Failure Prevention Act, sponsored by Rep. Andy Barr (KY-06), passed 29-21.

o  Watch Rep. Barr’s remarks here.

• H.R. 3380, the TAILOR Act of 2025, sponsored by Rep. Barry Loudermilk (GA-11), passed 29-23.

o  Watch Rep. Loudermilk’s remarks here.

• H.R. 2702, the FIRM Act, sponsored by Rep. Andy Barr and Rep. Ritchie Torres, passed 33-19.

o  Watch Rep. Barr’s remarks here.

• H.R. 3379, the HUMPS Act of 2025, sponsored by Rep. Scott Fitzgerald (WI-05), passed 29-23.

o  Watch Rep. Fitzgerald’s remarks here.

• H.R. 3230, the Financial Institution Regulatory Tailoring Enhancement Act, sponsored by Rep. Andy Barr, passed 29-23.

o  Watch Rep. Barr’s remarks here.

• H.R. 940, the FAIR Exams Act, sponsored by Chairman French Hill, passed 35-17.

o  Watch Chairman Hill’s remarks here.

• H.R. 2225, the Access to Small Business Investor Capital Act, sponsored by Rep. Brad Sherman, passed by voice vote.

• H.R. 3422, the Promoting Opportunities for Non-Traditional Capital Formation Act, sponsored by Ranking Member Maxine Waters (CA-43), passed 50-0.

• H.R. 3395, the Middle Market IPO Underwriting Cost Act, sponsored by Rep. Jim Himes (CT-04), passed 50-0.

• H.R. 3357, the Enhancing Multi-Class Share Disclosures Act, sponsored by Rep. Gregory Meeks, passed 51-0.

• H.R. 1469, the Senior Security Act of 2025, sponsored by Rep. Josh Gottheimer, passed 51-0.