S. 1806In committeeJobs & the economy
Bill would end unused SEC rulemaking powers from Dodd-Frank
Data as of July 13, 2026
The bill kills SEC powers from Dodd-Frank that the agency never used to write rules before January 1, 2025.40-second read · 4 questions answered below
Decoded
What does this do?
The Business Owners Protection Act of 2025 would automatically end any SEC rulemaking power granted under Dodd-Frank that the SEC never formally started using or issuing guidance on before January 1, 2025. The SEC would then have 180 days to publish a public list of exactly which authorities were eliminated. Rules already in effect and powers already used are not affected.
Who does it affect?
This affects the SEC and businesses it regulates, especially publicly traded companies, financial firms, and investment-related businesses; investors and consumers are affected indirectly.
Why does it matter?
Removing these dormant powers limits the SEC's future ability to impose new requirements using this specific set of Dodd-Frank authorities, which supporters say reduces regulatory uncertainty for businesses.
Where does it stand?
- Introduced
- Senate committee — You are here
- Senate vote
- House
- President's desk
Right now: a Senate committee is reviewing it. If the House changes it, it goes back to the Senate before reaching the President.
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Official title
Business Owners Protection Act of 2025
- Introduced:
- May 19, 2025
- Latest action:
- May 19, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.