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119th Congress
Independent · Nonpartisan · Reader-supported
HOUSEH.R. 6550· 119th Congress

American FIRST Act of 2025

Sponsor
Barry Loudermilk (R-GA)
Introduced
Dec 10, 2025
Last Action
Feb 25, 2026
Passage
62%
Introduced
Dec 10, 2025
Committee
Feb 25, 2026
3
Floor Vote
4
Both Chambers
5
Enacted
01 — The Text

What.

  • This bill makes changes to financial sector regulations and rules that govern banks, investment companies, and other financial institutions in the United States.
  • The specific policy details are not publicly available in the bill text provided, so the exact changes cannot be summarized without access to the full legislative language.
02 — The Stakes

So what?

  • This bill would affect banks, financial companies, and potentially everyday people who use banking and investment services, though the exact impact depends on which regulations are being changed.
  • Financial regulation changes can influence how accessible and affordable financial services are for regular people, how much banks must keep in reserve, and what fees or requirements customers might face.
03 — The Path

Now what?

  • The bill passed out of the House Financial Services Committee with amendments in February 2026 and is scheduled for a full House vote.
  • Contact your House representative to ask for the full bill text and their position on it, or visit Congress.gov to read the detailed committee report (H. Rept. 119-529).
Legislative History

Actions.

  • Feb 25, 2026Placed on the Union Calendar, Calendar No. 454.
  • Feb 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-529.
  • Feb 25, 2026Reported (Amended) by the Committee on Financial Services. H. Rept. 119-529.
  • Dec 17, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23.
  • Dec 17, 2025Committee Consideration and Mark-up Session Held
  • Dec 16, 2025Committee Consideration and Mark-up Session Held
  • Dec 10, 2025Referred to the House Committee on Financial Services.
  • Dec 10, 2025Introduced in House