H.R. 7035 · 119th Congress

Credit Card Competition Act of 2026

Introduced on Jan 13, 2026 by Lance Gooden (R-TX-5). 8 cosponsors, 4 of them from another party. Latest action (Jan 13, 2026): Referred to the House Committee on Financial Services.

Stage
Introduced
Introduced
Jan 13, 2026
Cosponsors
8
4 from the other party
Policy area
Finance and Financial Sector
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Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. 2Reported by committee
  3. 3Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To amend the Electronic Fund Transfer Act to require the Board of Governors of the Federal Reserve system to prescribe regulations relating to network competition in credit card transactions, and for other purposes.

Summary

The Congressional Research Service has not summarized this measure yet.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Lance GoodenR-TX-5Sponsor

Democrats · 4

Republicans · 4

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Jan 13, 2026Introduced in House
  2. Jan 13, 2026Introduced in House
  3. Jan 13, 2026 · HouseReferred to the House Committee on Financial Services.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. American Bankers Association6 reports
    $6.7M reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 100%
  2. CAPITAL ONE FINANCIAL CORP.6 reports
    $2.2M reported (all issues)
  3. VISA INC6 reports
    $4.7M reported (all issues)
  4. Visa U.S.A. Inc.5 reports
    $270K reported (all issues)
  5. JPMORGAN CHASE HOLDINGS LLC4 reports
    $2.4M reported (all issues)
  6. NATIONAL ASSOCIATION OF WHOLESALER-DISTRIBUTORS3 reports
    $1.5M reported (all issues)
  7. Air Transport Association of America, Inc. (d/b/a Airlines for America)2 reports
    $2.1M reported (all issues)
  8. American Bankers Association's Card Policy Council2 reports
    $100K reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 99%
  9. Americans for Tax Reform2 reports
    $140K reported (all issues)
  10. BEST BUY CO., INC.2 reports
    $580K reported (all issues)
  11. CMFG LIFE INSURANCE COMPANY2 reports
    $270K reported (all issues)
  12. CONSUMER BANKERS ASSOCIATION2 reports
    $1.9M reported (all issues)
  13. CREDIT UNION NATIONAL ASSOCIATION, INC.2 reports
    $2.4M reported (all issues)
  14. Card Policy Council2 reports
    $100K reported (all issues)
  15. Electronic Payments Coalition ("EPC")2 reports
    $140K reported (all issues)
  16. Electronic Payments Coalition Inc.2 reports
  17. FOOD MARKETPLACE INC.2 reports
    $1.3M reported (all issues)
  18. H&R Block Management, LLC2 reports
    $100K reported (all issues)
  19. LOWE'S COMPANIES, INC.2 reports
    $1.5M reported (all issues)
  20. MASTERCARD Worldwide2 reports
    $3.2M reported (all issues)
  21. Merchants Payments Coalition, Inc.2 reports
    $120K reported (all issues)
  22. NATIONAL ASSOCIATION OF CONVENIENCE STORES2 reports
  23. NATIONAL RESTAURANT ASSOCIATION2 reports
    $1.7M reported (all issues)Federal contractor: NATIONAL RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION$2M in contracts, FY2026AI match · 93%
  24. NFIB (National Federation of Independent Business)2 reports
    $3M reported (all issues)
  25. National Association of College Stores2 reports
    $10K reported (all issues)
  26. RACETRAC, INC.2 reports
  27. TARGET CORPORATION2 reports
    $800K reported (all issues)
  28. THE BOEING COMPANY2 reports
    $5.2M reported (all issues)Federal contractor: THE BOEING COMPANY$9B in contracts, FY2026AI match · 99%
  29. UNITED AIRLINES, INC.2 reports
    $2.4M reported (all issues)Federal contractor: UNITED AIRLINES, INC.$11.9M in contracts, FY2026AI match · 100%
  30. Visa USA, Inc.2 reports
    $120K reported (all issues)
  31. WAKEFERN FOOD CORP.2 reports
  32. WALMART INC.2 reports
  33. WELLS FARGO AND COMPANY2 reports
    $1.4M reported (all issues)
  34. ACI Payments, Inc.1 report
    $40K reported (all issues)
  35. Amazon.com Services LLC1 report
    $4.4M reported (all issues)Federal contractor: AMAZON.COM SERVICES LLC$285.9K in contracts, FY2026AI match · 100%
  36. DEFENSE CREDIT UNION COUNCIL1 report
  37. Pilot Travel Centers LLC1 report
    $160K reported (all issues)
  38. THE KROGER CO.1 report
    $350K reported (all issues)

Reports filed in 2025, 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 9, 2026 · loaded Oct 9, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 9, 2026 · loaded Oct 9, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.