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BillS 3889 · 119

American Lending Fairness Act of 2026

Introduced
Feb 12, 2026
Cosponsors
0
Traction
0
Last Action
Feb 12, 2026

Bill Summary

Requires lenders to follow stricter rules when giving loans to Americans, aiming to make borrowing fairer. Regulates certain lending practices to protect consumers.

Sponsored By

Bernie Moreno
Republican · Ohio · Senate

Bill Journey

  1. Feb 12, 2026
  2. Feb 12, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects American borrowers by potentially reducing unfair lending practices and protecting them from predatory loans. It impacts lenders by requiring them to adhere to stricter regulations and transparency standards.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Republican1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeSenate Bill · Federal
Primary TopicMoney & Economy
CommitteeCommittee on Banking
IntroducedFeb 12, 2026
Last UpdatedFeb 12, 2026
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.