Legislative Activity

The Supporting Trade and Rebuilding Opportunity for National Growth Act, or STRONG Act, significantly increases the maximum loan amounts available through key Small Business Administration (SBA) programs. Specifically, it doubles the maximum size for standard 7(a) loans from $\$3.75$ million to $\$7.5$ million. Additionally, the bill raises the maximum loan amount for development company loans from $\$5$ million to $\$10$ million. These changes aim to provide greater capital access for small business growth and development.

The LEDGER Act mandates the creation of a comprehensive, centralized system managed by the Secretary of the Treasury to track every expenditure made by all branches of the U.S. Government. This new system must detail exactly where federal funds are spent and how long those funds were available for obligation. The goal is to significantly enhance the traceability and transparency of government spending.

The Protect RAIL Act amends immigration law to prevent non-citizens convicted of or admitting to crimes involving the theft or tampering of goods shipped across state or international lines from entering the United States. Furthermore, this bill makes non-citizens already in the U.S. deportable if they have committed such offenses related to interstate or foreign shipments.

The FACE Act Repeal Act of 2025 repeals the Freedom of Access to Clinic Entrances Act, which prohibits certain actions that obstruct or interfere with access to reproductive health services. This repeal would apply to both ongoing and future prosecutions that begin on or after the date this Act is enacted.

The Small Bank Holding Company Relief Act mandates the Federal Reserve to raise the asset threshold for qualifying as a "small" bank holding company to \$25 billion. This change will allow larger institutions, up to that new limit, to benefit from regulatory policy treatment previously reserved for smaller entities.

The Baseload Reliability Protection Act prohibits owners of certain dispatchable power plants in areas facing high or elevated risk of electricity shortages from retiring those units or switching their fuel source. Owners can seek an exemption from this ban from FERC, which must grant it if continued operation causes financial hardship or if retirement does not harm grid reliability. The Department of Energy may offer financial assistance to keep essential, money-losing plants operational.

The Border Operations Service Medal Act establishes a new military decoration, the Border Operations Service Medal, to recognize service members and federal employees involved in designated national security operations along the U.S.-Mexico border starting January 2025. This medal will be awarded to active-duty, National Guard, and Reserve members who participated in these specific border security efforts. The Secretary of Defense is tasked with designing and implementing the medal within 60 days of the Act's enactment.

This bill, the Preventing the Abuse of Immigration Parole Act, aims to drastically restrict the Secretary of Homeland Security's authority to grant immigration parole. It mandates that parole decisions must be made strictly on a case-by-case basis for urgent humanitarian reasons or significant public benefit. Furthermore, the legislation imposes an annual cap on parole grants starting in FY 2029 and grants states the authority to sue the Secretary over perceived misuse of this authority.

The Patriots Over Politics Act creates a special, limited window for certain service members separated for refusing the COVID-19 vaccine between August 2021 and January 2023 to transfer their unused VA education benefits to an eligible dependent. This transfer option is available for 90 days following the bill's enactment. If transferred to a child, the benefit use is contingent upon the service member having completed at least six years of service.

The Financial Integrity and Regulation Management (FIRM) Act prohibits federal banking agencies from using "reputational risk" as a factor in supervising, examining, or rating financial institutions. This legislation aims to ensure that bank oversight focuses strictly on financial safety and soundness, rather than public perception or political considerations. Agencies must remove all references to reputational risk from their guidance and report back to Congress on their compliance within 180 days.

The TAILOR Act of 2025 mandates that federal financial agencies must tailor new regulations to the specific risk profile and business model of the institutions they govern, moving away from a one-size-fits-all approach. It also eases reporting burdens for eligible community banks by allowing for shorter financial reports twice a year. Furthermore, the bill requires federal and state supervisors to report to Congress on modernizing bank supervision practices within 18 months.

The Insurance Data Protection Act aims to adjust federal regulatory authority over insurance data by limiting the subpoena power of the Office of Financial Research against insurance companies. It also strengthens confidentiality protections for data shared with and held by the Federal Insurance Office and other financial regulators. Furthermore, the bill mandates that financial regulators must seek existing data from other sources before directly collecting information from insurance companies, ensuring data privacy is maintained.

The Student Loan Marriage Penalty Elimination Act of 2025 aims to adjust the student loan interest deduction for married couples filing separately. This bill caps the deductible student loan interest at \$2,500 per individual spouse. It ensures that taxpayers cannot claim the same interest amount under multiple deduction provisions.

The Constitutional Hearing Protection Act aims to treat firearm silencers equally under federal tax law by updating definitions and removing certain registration requirements if existing firearm laws are followed. The bill also preempts state and local governments from imposing special taxes or registration burdens on silencers. Furthermore, it mandates the destruction of existing federal records identifying silencer owners within one year of enactment.

The Punishing Illegal Immigrant Felons Act of 2025 significantly increases prison sentences for non-citizens who commit crimes after entering the U.S. illegally or after being previously removed. This legislation mandates substantial minimum prison terms—including an additional five years for illegal entry followed by a felony conviction and a new ten-year minimum for re-entry after deportation coupled with a crime. The bill aims to impose much harsher penalties on undocumented immigrants who commit serious offenses.

The Veterans 2nd Amendment Protection Act restricts the Department of Veterans Affairs from automatically sharing a veteran's information with the DOJ for national background checks solely based on the appointment of a fiduciary. This bill prohibits the VA from classifying a veteran as a "mental defective" based only on an administrative finding of incompetence or the need for a fiduciary. Furthermore, the VA must notify the Attorney General if previously shared information based on fiduciary status is no longer valid.

This bill establishes a permanent advisory committee focused on studying and reporting on the severe financial market fallout that could result from Chinese military aggression toward Taiwan. The committee, composed of market experts and regulators, will advise the Financial Stability Oversight Council on potential economic vulnerabilities. The Council must then issue an annual public report detailing market risks, potential losses, and specific recommendations for regulators to fortify U.S. financial systems against such geopolitical shocks.

The Promotion and Expansion of Private Employee Ownership Act of 2025 aims to significantly boost employee ownership in S corporations through Employee Stock Ownership Plans (ESOPs). The bill extends key tax deferral benefits for stock sales to ESOPs and removes a major restriction on this tax treatment. Furthermore, it establishes new government offices and an Advocate for Employee Ownership to provide technical assistance and resolve disputes, while ensuring ESOP-owned businesses retain small business status for federal programs.

The Business over Ballots Act reaffirms that the Small Business Administration's (SBA) primary mission is solely to support small businesses. This legislation explicitly prohibits the SBA from engaging in or facilitating voter registration activities. Furthermore, it mandates that all new contracts and existing assistance agreements must restrict recipients from using SBA funds for voter registration efforts.

The NFA SBS Act redefines short-barreled shotguns under federal tax law, removing specific restrictions and ensuring they are not treated as destructive devices. This legislation eliminates disparate federal restrictions on these shotguns and preempts state or local laws that attempt to impose special taxes or registration requirements referencing the National Firearms Act. Furthermore, the Act mandates the destruction of specific government records related to the registration and transfer of these shotguns.