119 hr 7035
Credit Card Competition Act of 2026
House BillIntroduced / Referred
Action Progress
Current: Introduced / Referred
- 1Introduced / Referred
Introduced / Referred
Introduced and referred into the legislative process.
- 2Committee
Committee
Referred to or acted on by a committee.
- 3Discharge
Discharge
Discharge activity moved the measure out of committee process.
- 4Calendar
Calendar
Placed on a chamber calendar.
- 5Floor
Floor
Considered, passed, agreed to, or otherwise acted on by the chamber.
- 6Resolving Differences
Resolving Differences
House and Senate versions are being reconciled.
- 7President
President
Presented to or acted on by the President.
- 8Becomes Law / Vetoed
Becomes Law / Vetoed
The final outcome will show here if the measure becomes law or is vetoed.
Latest action
Referred to the House Committee on Financial Services.
Full Text
Text APIRaw JSON
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"constitutionalAuthorityStatementText": "<pre>\n[Congressional Record Volume 172, Number 9 (Tuesday, January 13, 2026)]\n[House]\nFrom the Congressional Record Online through the Government Publishing Office [<a href=\"https://www.gpo.gov\">www.gpo.gov</a>]\nBy Mr. GOODEN:\nH.R. 7035.\nCongress has the power to enact this legislation pursuant\nto the following:\nThe Constitutional authority on which this bill rests is\nthe power of Congress to lay and collect taxes, duties,\nimposts, and excises to pay the debts and provide for the\ncommon Defefense and general welfare of the United States, as\nenumerated in Article I, Section 8, Clause 1. Thus, Congress\nhas the authority not only to increase taxes, but also, to\nreduce taxes to promote the general welfare of the United\nStates of America and her citizens. Additionally, Congress\nhas the\n[Page H718]\n</pre>"
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