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Warren Davidson: The House Financial Services Committee passed his American Lending Fairness Act of 2026 (H.R. 7866), which would replace the opt-out framework in Section 525 of the 1980 Depository Institutions Deregulation and Monetary Control Act so a state could not apply its rate caps to out-of-state chartered lenders.

Bill · September 16, 2026

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This is one of 19 dated entries in Warren Davidson's record in office on this site, filed as a bill dated September 16, 2026. The sentence above is the entry as this site states it; anyone else's reading of it is listed below in their words.

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Date
2026-09-16
Kind
bill
What
The House Financial Services Committee passed his American Lending Fairness Act of 2026 (H.R. 7866), which would replace the opt-out framework in Section 525 of the 1980 Depository Institutions Deregulation and Monetary Control Act so a state could not apply its rate caps to out-of-state chartered lenders.

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  1. https://davidson.house.gov/2026/9/davidson-s-bill-to-protect-borrowers-freedom-to-shop-for-loans-passes-committee

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Cracked Buckeye, "Warren Davidson: The House Financial Services Committee passed his American Lending Fairness Act of 2026 (H.R. 7866), which would replace the opt-out framework in Section 525 of the 1980 Depository Institutions Deregulation and Monetary Control Act so a state could not apply its rate caps to out-of-state chartered lenders.", https://crackedbuckeye.com/people/warren-davidson/record/2026-09-16-the-house-financial-services/, built 2026-10-31, accessed [date].

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