To amend the Truth in Lending Act to extend the consumer credit protections provided to members of the Armed Forces and their dependents under title 10, United States Code, to all consumers.

H.R. 10439, introduced by Rep. Grothman (R-WI) and Rep. Garcia (D-IL) on September 16, 2026, proposes to amend the Truth in Lending Act to apply the Military Lending Act's 36% military annual percentage rate (MAPR) cap to all consumer credit, excluding residential mortgages and loans from federal credit unions. The bill is currently in the House Committee on Financial Services, with no committee markup or vote scheduled. As an authorization-level bill, it does not appropriate funds; its impact would depend on future rulemaking by the Consumer Financial Protection Bureau (CFPB). The bill faces significant opposition from the consumer lending industry, which argues it would restrict credit access, and from financial institutions that would need to overhaul compliance systems. No related bills or amendments have been identified, and the bill has not advanced beyond referral. Given the early stage and the absence of any market-moving provisions, the causal chain to any public company is weak. The bill does not directly name any company, and the affected sectors—Consumer Finance and Financials—are broad. The primary impact would be on lenders offering high-APR consumer loans, but the bill's passage is uncertain and likely to face strong lobbying. For retail investors, the near-term market impact is negligible, and no tickers meet the confidence threshold for inclusion. The legislative path ahead includes committee hearings, potential markup, and floor votes in both chambers, which could take months or years.