Legislative Activity

This bill expresses gratitude for first responders and acknowledges the sacrifices of Gold Shield Families (families of fallen first responders). It recognizes the hardships these families face and supports the work of nonprofits that provide them with resources. The bill encourages local communities to support these organizations, acknowledging the vital role they play in aiding Gold Shield Families during their time of need.

The Bureau of Consumer Financial Protection-Inspector General Reform Act of 2025 establishes an independent Inspector General within the Bureau of Consumer Financial Protection (BCFP), appointed by the President and confirmed by the Senate, to provide oversight and accountability. It mandates the BCFP to allocate 2% of its funds to the Office of the Inspector General and requires the Inspector General to appear before Congress semi-annually. This act removes the Federal Reserve Chairman's authority to appoint the BCFP Inspector General, ensuring direct oversight of the BCFP's operations. The changes take effect upon Senate confirmation of the new Inspector General.

This resolution appoints Representatives Rutherford, Garbarino, Hinson, and Moran to the House Committee on Ethics. This committee is responsible for maintaining the ethical standards of the House. The resolution formally establishes the membership of this important committee.

The "Investing in All of America Act of 2025" amends the Small Business Investment Act of 1958, modifying how the Small Business Administration calculates leverage for small business investment companies (SBICs). It lowers the maximum leverage exclusion from $300 million to $200 million, expands eligibility to include small businesses in critical technology and manufacturing, and limits the exclusion amount for a company. The bill also requires annual adjustments to the dollar amounts based on the Consumer Price Index.

The 7(a) Loan Agent Oversight Act requires the Director to submit an annual report to Congress regarding 7(a) agents. This report includes data on agent activity, fraudulent loans, loan performance, fees, risk analysis, interest rates, and communication practices. A 7(a) agent is defined as someone providing services like application assistance or consulting/referral services for a loan.

The PIIA Reform Act aims to reduce improper payments and fraud within federal programs by establishing an "Overpayment Czar," expanding the scope of improper payment identification, and implementing penalties for non-compliant agencies. It mandates agencies to submit annual reports to Congress detailing progress in financial controls, fraud risk identification, and strategies to curb fraud. The Act also promotes state investment in payment integrity systems and modifies data sharing protocols to prevent improper payments.

The USA Batteries Act seeks to amend Superfund excise taxes by removing lead oxide, antimony, and sulfuric acid from the list of taxable chemicals. This change aims to alleviate the tax burden on domestic battery manufacturers, ensuring fair competition with imported batteries. The Act recognizes the economic importance and high recyclability of lead batteries, which are crucial for various sectors, and emphasizes the need to support American manufacturing and jobs in the battery industry. Ultimately, the Act intends to bolster the global competitiveness of the U.S. lead battery industry by reducing raw material costs.

The China Exchange Rate Transparency Act of 2025 directs the Secretary of the Treasury to advocate for increased transparency from China regarding its exchange rate practices within the International Monetary Fund (IMF). It calls for stronger IMF oversight of China's exchange rate policies, inclusion of any differences between China's policies and those of other major currencies in IMF consultations, and closer consideration of China's role in the international monetary system during IMF governance reviews. The Act will terminate once China adheres to IMF exchange rate rules and has similar policies to other major currencies, or seven years after enactment.

This resolution expresses gratitude and acknowledges the sacrifices made by Gold Shield Families, the families of fallen first responders. It honors these families of fallen police officers, firefighters, EMTs, and other emergency personnel. The resolution directs that a copy be sent to the President and made public, ensuring their sacrifices are remembered and recognized nationwide.