Bill · H.R. 9434· House(119-HR-9434)
REG Act of 2026
- Introduced
- 6/24/2026
- Last activity
- 6/24/2026 — Referred to the House Committee on Financial Services.
- Sponsored by
- Young Kim
- Cosponsors
- None
- 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
Would business owners be better off under this?+3
Business owners in the financial sector benefit from the requirement to consider the cumulative impact of regulations.
Is this likely to grow the economy?+2
Reducing cumulative regulatory burdens on securities markets can potentially foster economic growth.
Does this make it easier to run a small business?+2
Small financial firms may benefit from a more holistic review of the cumulative impact of regulations.
The opposite
Does this give the federal government more power?-2
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. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+3Good For Billionaires+1Good For High Income Households+1Good For High Net Worth Individuals+1Good For Ultra High Net Worth Individuals+1
- Economy And Finance
- Improves Economic Growth+2Improves Small Business Support+2
- Governance And Ideology
- Improves Government Transparency+2Increases Federal Power-2
- 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.