Ordered to be Reported by the Yeas and Nays: 26 - 22.
2026-04-21
The Small LENDER Act would likely make it easier for smaller financial institutions and lenders to operate by reducing regulatory requirements or compliance costs that currently apply to them. This could affect small banks, credit unions, and other community lenders that serve local borrowers and businesses. The goal would probably be to help these smaller lenders compete more effectively while still maintaining basic consumer protections.