Original Securities and Exchange Atonement Act of 2025

Cost and committee reports

Official records Congress.gov attaches to H.R. 4925.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. GREEN of Texas, as printed in the Congressional Record (Vol. 171, No. 136, August 8, 2025, Page H3688):
  Necessary and Proper Clause (Art. 1, Sec. 8, Cl. 18).
  Source: Congress.gov, Congressional Record August 8, 2025 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  53 characters

  Congress.gov bill record

  H.R. 4925, 119th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/119/hr/4925

  Record last updated by Congress.gov

  September 16, 2026

  PORKER copy retrieved

  September 24, 2026

  Stored copy, SHA-256 of the file

  5b118be215b5498ef60ed4f9f1975d6738edd1bc77b0e09f1816a357f33a81e6

  PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of September 16, 2026). Not every bill gets one.

From the Congress.gov bill record for H.R. 4925, last updated September 16, 2026. PORKER’s copy was retrieved September 24, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.