The American Lending Fairness Act of 2026 repeals federal preemption of state laws on interest rates for loans made by state-chartered banks.
The American Lending Fairness Act of 2026 repeals Section 525 of the Depository Institutions Deregulation and Monetary Control Act of 1980, allowing states to opt out of federal preemption for interest rates on loans made by their own chartered institutions. This means states can set their own interest rate laws for loans made by banks chartered within their borders. The changes apply to any state laws or certifications made before the act's enactment.
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