Didmca Opt-out Clarification Bill Progresses In House

The U.S. House Financial Services Committee has approved the American Lending Fairness Act of 2026 (H.R. 7866). The bill would clarify state opt-outs under Section 525 of the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA) for state-chartered banks and credit unions. A companion bill was introduced in the U.S. Senate.