Markup of Various Measures

The GOP Financial Services Committee held a markup session on June 30, 2026, to consider a broad range of financial services legislation aimed at promoting economic opportunity, protecting consumers and investors, and strengthening the financial system. Key procurement-related discussions included the reauthorization of the task force on monetary policy and treasury market resilience, and several bills addressing investor privacy, SEC reform, credit reporting liability, compensation clarity for financial advisors, credit access expansion, payment fraud prevention, and earned wage access consumer protections. Notably, the committee debated and voted on HR 1483, the Protecting Investors Personally Identifiable Information Act, which restricts the SEC's collection of sensitive investor data in the consolidated audit trail, and HR 9329, the SEC Reform and Restructuring Act, which aims to improve SEC transparency, cybersecurity, and operational efficiency. Other significant measures included the Fair Credit Reporting Act Liability Harmonization Act (HR 5775), the Clarity for Compensation Act (HR 7187), the Credit Access and Inclusion Act (HR 5402), and the Stop Payments Fraud Act (HR 9331). The committee also considered the Earned Wage Access Consumer Protection Act (HR 9330) and the Heirs Property Act (HR 1640), which establishes grants to assist states in protecting heirs' property rights. Several amendments were proposed and voted on, with recorded votes taken on key bills and amendments. The session concluded with unanimous or majority votes favoring the reporting of most bills to the House, reflecting bipartisan engagement on financial regulatory reforms and consumer protection policies.