House Committee on Financial Services

To amend title VIII of the Defense Production Act of 1950 to alter the definitions of "prohibited technology" and "notifiable technology", and for other purposes.

The proposal would change how the government defines which foreign investments in sensitive U.S. technologies require government review and approval, potentially expanding or narrowing the types of deals that need to be reported to federal authorities. This affects companies in tech, defense, and other industries that might receive investment from foreign sources, as well as foreign investors looking to fund American businesses. The changes would give the government clearer rules about which technology transfers and foreign ownership stakes pose national security concerns.

To designate Antifa as a domestic terrorist organization, to counter domestic terrorism and organized political violence, and for other purposes.

The proposal would officially label Antifa—a decentralized anti-fascist movement rather than a traditional organization—as a domestic terrorist group, which would allow federal law enforcement to pursue participants more aggressively and potentially freeze their financial assets. It also includes broader measures to combat domestic terrorism and organized political violence, affecting how federal agencies investigate and prosecute people involved in such activities. The bill has been sent to multiple congressional committees for review but has not yet been voted on.

21st Century ROAD to Housing Act

Housing for the 21st Century Act This bill revises federal housing programs, including by expanding available financing for affordable housing and providing grants for planning and community development activities. For example, the bill increases the statutory maximum loan limits for mortgage insurance programs administered by the Federal Housing Administration for multifamily homes and requires the use of a more specific inflation index for such loans. The bill also increases the maximum eligible income for the Department of Housing and Urban Development's (HUD's) HOME Investment Partnerships Program (grants to states and localities to support housing for low-income households) and establishes a grant program to assist regional, state, and local entities with strategies to support affordable housing. In addition, the bill exempts certain housing-related activities from the environmental review process, including certain construction, improvement, or rehabilitation of residential buildings; excludes veterans' disability benefits from being considered as income for purposes of determining eligibility for the Veterans Affairs Supportive Housing (VASH) program; establishes a pilot program to provide grants to public housing agencies (PHAs) and other owners of federally assisted housing to test the efficacy of temperature sensors to support compliance with temperature requirements; eliminates the requirement that manufactured homes must be constructed with a permanent chassis; and authorizes HUD to conduct performance reviews of organizations that provide housing counseling services. The bill also expands oversight of HUD and PHAs, such as by requiring PHAs to post information about contracts on their websites. For more information about this bill, see CRS Report R48849 .

Digital Asset Market Clarity Act

Digital Asset Market Clarity Act of 2025 or the CLARITY Act of 2025 This bill establishes a regulatory framework for digital commodities, defined by the bill as digital assets that rely upon a blockchain for their value. The Commodity Futures Trading Commission must generally regulate digital commodities transactions, including digital commodity exchanges, brokers, and dealers. To qualify for trade on an exchange (1) a digital commodity’s blockchain must be mature, or on a blockchain system that has achieved decentralized control as defined by the bill; or (2) the issuer of the digital commodity must file certain reports. The bill establishes requirements for trade monitoring, recordkeeping, and the commingling of customer assets. The bill exempts digital commodities on mature blockchains (and digital commodities on blockchains expected to mature within certain timeframes) from Securities and Exchange Commission (SEC) registration requirements if annual sales fall under a certain amount and other requirements are met. The bill provides the SEC with jurisdiction over digital commodity activities and transactions engaged in by certain brokers and dealers on alternative trading systems and by national securities exchanges. Digital commodity exchanges, brokers, and dealers are subject to the Bank Secrecy Act for anti-money laundering and related purposes. The bill also sets forth requirements for alternative trading systems, previously issued digital commodities, and provisional registration until the bill is implemented. For more information on this bill, see CRS Insight IN12583, Crypto Legislation: An Overview of H.R. 3633, the CLARITY Act .

To direct the Administrator of the Federal Emergency Management Agency to allow certain recipients of the Flood Mitigation Assistance Grant, and other grants, to be used for the payment of premiums for a community-based, parametric flood insurance policy, and for other purposes.

This bill would let communities that receive federal flood prevention grants use that money to pay for special flood insurance policies that pay out quickly based on the severity of a flood, rather than waiting for damage assessments. The change would help towns and cities protect themselves from flooding by giving them more flexibility in how they spend federal disaster prevention funds. Communities affected by flooding would benefit from faster insurance payouts when floods occur.

To amend the United States Housing Act of 1937 to alter the eligibility requirements for eligible youths to receive tenant-based rental assistance, and for other purposes.

The proposal would change the rules for which young people can receive government help paying rent through existing housing assistance programs. Specifically, it would expand or modify who qualifies as an "eligible youth" to access rental vouchers that subsidize housing costs for low-income individuals. This would affect young people struggling to afford housing and potentially the landlords and housing agencies that administer these rental assistance programs.

RESTORE Third Spaces Act of 2026

The federal government would create a pilot program that gives grants to communities to renovate and build "third spaces"—public gathering places like libraries, parks, community centers, and cafes where people can socialize outside of home and work. Local governments and organizations would apply for these grants to improve existing community spaces or develop new ones in their areas. The program aims to strengthen neighborhood connections and give people more places to gather together.

To establish fair prices for prescription drugs, and for other purposes.

The bill would give the federal government new powers to negotiate and set prices for prescription drugs, aiming to make medications more affordable for patients and reduce what Americans pay at the pharmacy. It would affect drug manufacturers, insurance companies, and anyone who takes prescription medications, potentially lowering out-of-pocket costs for patients while changing how pharmaceutical companies price their products. The proposal is currently being reviewed by three House committees to determine how it would work in practice.

PRC Broker-Dealers and Investment Advisers Moratorium Act

The proposal would prevent brokers, dealers, and investment advisers that have certain ties to China from getting permission to operate in the U.S. financial system. This would affect financial firms and professionals who want to work with American investors but have connections to the Chinese government or Chinese companies. The measure aims to reduce potential national security risks by limiting foreign influence in the U.S. securities industry.

Vacancy to Value Act of 2026

The federal government would sell or give away unused government buildings and land to qualified organizations that promise to redevelop them for economic growth, with the General Services Administration and Department of Housing and Urban Development running pilot and grant programs to make these transfers happen. This would help communities repurpose vacant federal properties into new businesses, housing, or other productive uses rather than letting them sit empty. Local governments, nonprofits, and private developers could potentially benefit from access to these properties at reduced costs.

Stay Cool Act

The legislation would strengthen how the federal government prepares for and responds to dangerous heat waves and extreme heat events that threaten public health and safety. It would likely establish new programs, funding, and coordination mechanisms across multiple agencies to help communities, workers, and vulnerable populations better prepare for and survive extreme heat conditions. The bill affects everyday Americans, outdoor workers, elderly people, low-income families, and communities most at risk from heat-related illness and death.

Affordable Housing and Area Median Income Fairness Act of 2026

The proposal aims to make affordable housing more available and cheaper by increasing the supply of low-cost rental units and reviewing how the government calculates income levels that determine who qualifies for federal housing assistance. By adjusting these income calculations and boosting affordable housing development, the bill would help lower-income families and individuals find more affordable places to live. The measure affects renters, housing developers, and federal housing programs that serve people with limited incomes.

To promote the economic security and safety of survivors of domestic violence, dating violence, sexual assault, or stalking, and for other purposes.

This bill aims to help survivors of domestic violence, dating violence, sexual assault, and stalking become more economically stable and safe by providing various protections and support programs. The legislation would likely include measures related to employment protections, housing assistance, financial services access, and other resources to help survivors rebuild their lives and achieve independence. The bill has been sent to multiple congressional committees for review, including those handling education, finance, taxes, and other relevant areas.

To award the Congressional Gold Medal posthumously to Edinburg, Texas war hero Lance Corporal Dustin Sekula, in recognition of his heroic life.

The proposal would award the Congressional Gold Medal, one of the nation's highest civilian honors, to Lance Corporal Dustin Sekula, a Marine from Edinburg, Texas who died in service to his country. This medal recognizes his heroic actions and sacrifice, and would be presented posthumously to honor his memory and contributions. The award serves as a formal acknowledgment of exceptional bravery and service to the United States.

Community Bank Deposit Access Act of 2025

Community Bank Deposit Access Act of 2025 This bill changes the treatment of certain types of deposits so they are no longer classified as brokered deposits. Brokered deposits are funds placed by a broker on behalf of a client in a depository institution to maximize interest rates and for depository insurance purposes. Currently, institutions that accept brokered deposits may be subject to additional oversight. In particular, under the bill, custodial deposits at insured depository institutions with less than $10 billion in total assets shall not be treated as brokered deposits if the deposits do not exceed 20% of the institution’s liabilities. The institution must be well-capitalized and have a specified minimum soundness rating, or be in possession of a waiver from the Federal Deposit Insurance Corporation. The bill also generally applies existing interest rate limits applicable to institutions that are not well-capitalized to similar institutions that accept custodial deposits.

25th Anniversary of 9/11 Commemorative Coin Act

25th Anniversary of 9/11 Commemorative Coin Act This bill directs the Department of the Treasury to mint and issue coins to commemorate the 25th anniversary of the September 11, 2001, terrorist attacks on the United States and the establishment of the National September 11 Memorial and Museum at the World Trade Center. The sale of all coins issued under this bill must include a surcharge to be paid to the National September 11 Memorial and Museum at the World Trade Center to support operations and maintenance. However, if the issuance of this commemorative coin exceeds certain annual limits, no surcharge may be included.

Keeping Deposits Local Act

This bill increases the amount insured depository institutions may accept as reciprocal deposits. (Reciprocal deposits are used by institutions to increase the availability of deposit insurance by splitting large deposits using a reciprocal network of institutions.) The bill creates a tiered system so that the allowable amount is based on the institution's total liabilities. Additionally, the bill changes certain qualifications insured depository institutions may be required to have to accept reciprocal deposits. Under current law, institutions may qualify by having a composite rating of outstanding or good, among other requirements. The bill allows institutions with a 1, 2, or 3 rating under the CAMELS scale to qualify. (The Uniform Financial Institutions Rating System uses the characteristics of capital adequacy, asset quality, management, earnings, liquidity, and sensitivity to market risk (i.e., CAMELS ratings) to rate the health of financial institutions, with a 1 indicating the highest rating and least degree of supervisory concern and a 5 indicating the lowest rating and highest degree of supervisory concern.)

American Access to Banking Act

American Access to Banking Act This bill requires federal financial regulators to review and streamline the application process for the formation of de novo, or new, depository institutions or credit unions. Regulators must (1) review the application process; (2) to the extent practicable, collect necessary information from other agencies in order to minimize requests for applicant information; and (3) review how de novo financial intuitions raise capital while maintaining investor protections, including the impact of restrictions on raising capital. At the request of an applicant, regulators must (1) designate an employee as a caseworker to assist in the application process, and (2) provide a list of similar institutions interested in serving as a mentor. Each regulator must also develop a state and stakeholder engagement plan to assist interested parties with understanding the relevant regulatory processes.

Housing for All Veterans Act of 2026

The proposal would create a federal program to help low-income veteran families pay their rent, providing direct financial assistance to those who struggle to afford housing. This would support veterans and their families who have served in the military but face financial hardship in finding stable places to live.

To establish a Strategic Bitcoin Reserve and other programs to ensure the transparent management of Bitcoin holdings of the Federal Government, to offset costs utilizing certain resources of the Federal Reserve System, and for other purposes.

The federal government would create an official reserve of Bitcoin similar to how it holds gold reserves, with rules to ensure the public knows how much Bitcoin is being held and how it's being managed. The bill would use certain resources from the Federal Reserve System to help pay for this program. This would affect federal finances and potentially give the government a stake in cryptocurrency holdings.