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Senate bill · 119th Congress · Latest step: Introduced

Buy Now, Pay Later Protection Act of 2025

S. 3561Introduced Dec 18, 2025Policy area: Finance and Financial Sector

Official title: A bill to amend the Truth in Lending Act and the Consumer Financial Protection Act of 2010 to apply certain protections and oversight to buy now, pay later loans, and for other purposes.

Sponsor: Sen. John Reed D-RI
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Where it went

Latest action: Dec 18, 2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S8923)

Vote results

No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).

Cosponsors

4 cosponsors — 4 Democrats

0 of 4 cosponsors (0%) are from the other party.

Richard Blumenthal (D-CT), Kirsten Gillibrand (D-NY), Chris Van Hollen (D-MD), Elizabeth Warren (D-MA).

More from the sponsor

Other 119th Congress bills sponsored by Sen. John Reed.

Related bills

Relationships as recorded by Congress.gov.

Sponsor’s state and district

Rhode Island in Congress

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Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.