Officially: Corporate Governance Fairness Act
The Corporate Governance Fairness Act would make proxy advisory firms register with the SEC as investment advisers, subjecting them to regular inspections and conflict-of-interest rules. Small firms under $5 million in revenue are exempt. The SEC must report to Congress on whether these protections are working.
Where it stands
Sitting in Banking
No vote scheduled. Constituent contact is what moves bills out of committee.
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The debate
Where this bill is in the process
Introduced
Introduced in Senate
Senate Committee
Under Senate committee consideration
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S7731-7732) (10/23/2025)
Senate Floor Vote
Voted on by Senate
Passed Senate
Approved by Senate
House Review
Sent to House for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
