A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The "Reviewing the Expansion of Government Act of 2026," or "REG Act of 2026," amends federal securities laws. It requires that rulemakings consider the cumulative effects of a rule alongside other related final and proposed rules. This change applies to the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940.
Yes· 3 of 8
- Scored +3
Would business owners be better off under this?
Business owners in the financial sector benefit from the requirement to consider the cumulative impact of regulations.
- Scored +2
Is this likely to grow the economy?
Reducing cumulative regulatory burdens on securities markets can potentially foster economic growth.
- Scored +2
Does this make it easier to run a small business?
Small financial firms may benefit from a more holistic review of the cumulative impact of regulations.
The opposite
- Scored -2
Does this give the federal government more power?
The bill aims to limit the expansion of government by requiring stricter reviews of new federal regulations.
Who it would affect, and how
Potential Positive Impacts for People
- Cumulative Review of Regulations: By requiring officials to consider rules "individually or cumulatively with other related rules or regulations or other related and recent proposed rules or regulations," the bill ensures a broader look at the total impact of regulations. This is found in Sec. 2(a), (b), (c), and (d).
Potential Negative Impacts for People
- No negative impacts for individuals or groups of people are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners in the financial sector benefit from the requirement to consider the cumulative impact of regulations. Would billionaires be better off under this? — Billionaires with significant financial holdings may benefit from reduced cumulative regulation. Would high-income households be better off under this? — Investors and high-income individuals may benefit from potentially reduced regulatory burdens in securities markets. Would people with substantial wealth be better off under this? — High net worth individuals invested in securities may see benefits from streamlined regulation. Would the very wealthiest people be better off under this? — Similar to high net worth individuals, they may benefit from reduced regulatory friction.
- Economy And Finance
- Is this likely to grow the economy? — Reducing cumulative regulatory burdens on securities markets can potentially foster economic growth. Does this make it easier to run a small business? — Small financial firms may benefit from a more holistic review of the cumulative impact of regulations.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — Requires a more comprehensive and documented analysis of cumulative regulatory impacts. Does this give the federal government more power? — The bill aims to limit the expansion of government by requiring stricter reviews of new federal regulations.
- 6/24/2026
- Referred to the House Committee on Financial Services.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.