Prevent states from applying their interest-rate limits to loans made by out-of-state state-chartered banks and credit unions.

This legislation stops states from forcing their own interest rate limits onto loans made by banks and credit unions chartered in other states.

Davidson promoted his American Lending Fairness Act as legislation that would stop states from imposing their own interest-rate caps on loans from banks and credit unions chartered elsewhere.

Davidson's Bill to Protect Borrowers' Freedom to Shop for Loans Passes Committee | Press Releases | Congressman Warren Davidson
primary · press_release · model gpt-5.5

unverified · Source version 82415 · locator unknown

"Normally it would be scheduled for a floor vote in the House and you would try to get a similar action in the Senate."

Unverified model/legacy excerpt; not proof. AI summary (separate from source): During the lookback window, Davidson described H.R. 7866/ALFA as past committee but still needing House floor and Senate action, so the commitment remained unresolved while showing active legislative effort.

unresolved same_term A for effort

"The Existential Threat to 45 Years of Interstate Banking," Davis Wright Tremaine Webinar | Insights | Davis Wright Tremaine
secondary · model gpt-5.5 · confidence 86%

unverified · Source version 82417 · locator unknown

"H.R.7866 , the American Lending Fairness Act of 2026, was AGREED TO by a vote of 31 YEAS and 18 NAYS."

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The official committee record confirms Davidson's American Lending Fairness Act advanced out of House Financial Services, documenting concrete effort but not enactment into law.

unresolved same_term A for effort

Markup of Various Measures | U.S. House Committee on Financial Services
secondary · model gpt-5.5 · confidence 94%