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Senate bill · S. 4937 (119th Congress)

Investor Choice Act of 2026

U.S. Senate

Latest action Jun 24, 2026

Sponsor: Jeff Merkley (U.S. Senator for Oregon, Democratic)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Prohibits mandatory pre-dispute arbitration and class-action waiver clauses in securities contracts.

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate

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Cosponsors

5

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic5

Shown in neutral colors by design; Agora is non-partisan.

Related bills

As identified by Congress.gov.

Full history

  1. Jun 24, 2026

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Jun 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  3. Jun 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  4. Jun 24, 2026

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Read the record