Daily Brief · July 6, 2026
House panel advances EWA, fraud and credit-report bills
House committee action would alter EWA disclosures, wire-fraud controls, and credit-report data practices if enacted.
1 story1-minute read
House Financial Services Committee advanced EWA, wire-fraud pause and credit-report resale bills
The measures include a federal earned wage access framework with fee disclosures and state-law preemption, plus bills that would let banks pause suspected fraudulent wire transfers and restrict resale of consumer credit report information. They remain legislative proposals, but would affect compliance design, payments operations, and consumer-credit data practices if they progress further.
Source: Bankeration