Legislative Activity

The Merchant Banking Modernization Act updates regulations for bank holding companies regarding their merchant banking investments. This legislation extends the minimum holding period for these investments to 15 years. This new minimum duration applies retroactively to investments already held by banks.

The Military Spouse Entrepreneurship Act of 2025 directs the Small Business Administration (SBA) to establish a dedicated program offering comprehensive assistance to military spouses starting and growing small businesses. This initiative will provide online resources, mentorship, and specialized training to address challenges unique to military life, such as frequent relocation and deployments. The SBA must first survey existing barriers before implementing the tailored support services.

This bill aims to strengthen efforts to prevent maternal deaths by reauthorizing support for State-based Maternal Mortality Review Committees. It directs the Secretary of Health and Human Services to regularly disseminate proven best practices for maternal mortality prevention to hospitals and professional societies. Furthermore, the legislation increases federal funding dedicated to these crucial prevention initiatives.

This resolution designates August 16, 2025, as "National Airborne Day" to honor the history and bravery of U.S. airborne forces. It specifically recognizes the service of combat parachutists, air assault forces, and special operations warriors across all conflicts. The day serves as an expression of national gratitude for the thousands who have served in these elite units.

This bill mandates an independent study comparing the quality of mental health and addiction therapy care provided by the Department of Veterans Affairs (VA) versus non-VA providers. The study will examine differences across various treatment settings and report on key outcomes like patient improvement, use of evidence-based practices, and coordination of care. The findings will be submitted to Congress and made publicly available.

This resolution officially designates the week of August 3 through August 9, 2025, as "National Farmers Market Week." It aims to celebrate the vital role farmers markets play in strengthening local economies and supporting farmers across the nation. Furthermore, the resolution recognizes how these markets improve community health by increasing access to fresh food and promoting sustainable agriculture.

This bill aims to improve veterans' healthcare by updating community care program eligibility and notification processes, enhancing mental health treatment program standards and access, and modernizing the VA's healthcare system through online tools and streamlined processes. It focuses on ensuring timely access to care, accommodating veterans' preferences, and improving the overall quality and efficiency of VA services. The bill also mandates increased transparency and accountability through regular reports to Congress.

The College Transparency Act establishes a secure, new Postsecondary Student Data System to track student enrollment, completion, and post-college outcomes across higher education institutions. This system aims to increase transparency for students and families by providing clear data on costs and success rates, while minimizing duplicate reporting burdens for schools. The collected data will be used for secure research and public reporting of aggregate statistics, strictly prohibiting the sale of data or its use for federal college rankings.

The Unleashing AI Innovation in Financial Services Act establishes a framework for financial entities to test new Artificial Intelligence (AI) projects under regulatory supervision. This allows firms to apply for temporary waivers from specific rules by proposing an alternative compliance strategy that demonstrates public benefit and manages risk. Regulatory agencies must create "AI Innovation Labs" to review these applications, generally requiring approval within 120 days unless an immediate threat is identified. The goal is to foster responsible innovation in financial services while maintaining systemic stability and consumer protection.

The Improving Police CARE Act establishes federal standards for trauma kits purchased by law enforcement agencies receiving specific federal funding. This ensures that these kits, which must include essential bleeding control equipment, meet defined performance criteria set by the Bureau of Justice Assistance. The bill also mandates consultation with medical and law enforcement experts to develop these required standards within 180 days of enactment.

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). This bill extends crucial tax deferral benefits for stock sales to ESOPs and establishes new offices within the Treasury and Labor Departments to provide technical assistance and advocacy. Furthermore, it amends the Small Business Act to ensure ESOP-owned businesses do not automatically lose small business status when they transition to majority employee ownership.

The Equitable Community Access to Pharmacist Services Act expands Medicare Part B coverage to include services provided by pharmacists starting in 2026. This legislation covers pharmacist services that align with state law and are provided in collaboration with a physician or approved practitioner. The bill specifies payment rates for these covered services, particularly enhancing reimbursement for services related to public health emergencies like COVID-19, flu, and RSV. Furthermore, it prohibits pharmacists from balance billing Medicare patients for these covered services.

The Parity for Tribal Law Enforcement Act aims to grant certified Tribal law enforcement officers the authority to enforce federal laws within their tribal areas under certain conditions. This certification process ensures officers meet federal standards for training and background checks, effectively deeming them federal officers for specific legal protections and benefits. The bill also mandates increased oversight by the Attorney General to improve coordination and accountability for public safety efforts in Indian communities.

The CLEAR Waters Act narrows the definition of "navigable waters" under federal law. This legislation explicitly excludes features like wastewater treatment systems, ephemeral streams, and groundwater from federal water protection regulations. The goal is to clarify which bodies of water fall under the Federal Water Pollution Control Act.

This bill proposes amending federal law to explicitly include the crime of arson and bombing threats within the definition of "racketeering activity" under the RICO Act. By adding this offense to Title 18, U.S. Code, the legislation makes it easier to prosecute individuals involved in such acts under federal racketeering statutes.

The Defending American Property Abroad Act of 2025 establishes penalties against foreign governments that nationalize or expropriate U.S.-owned port infrastructure in trade partner nations. It mandates the identification of such "prohibited property" seized by foreign governments after January 1, 2024. Once identified, vessels that use these prohibited ports will face strict bans on docking, unloading, or receiving services in the United States. Furthermore, the Act expands the definition of unfair trade practices to include the arbitrary seizure or discriminatory treatment of U.S. assets abroad.

The IRS Accountability and Taxpayer Protection Act mandates that IRS personnel must obtain supervisor approval *before* issuing initial notices regarding tax penalties or the disallowance of certain tax benefits. This legislation aims to increase internal oversight on enforcement actions taken against taxpayers. Additionally, the Treasury Department must annually report publicly on all penalties assessed by the IRS.

The Ending Lending to China Act of 2025 establishes a new U.S. policy opposing further financial assistance to the People's Republic of China from multilateral development banks. Citing China's status as a high-income economy with massive foreign reserves, the bill directs the Treasury Secretary to use U.S. influence to block new loans to China. Furthermore, the Secretary must advocate for ending assistance to all countries that have surpassed the established income threshold for graduation. The Treasury Department is also required to submit annual reports detailing compliance and U.S. actions taken.

The Providing Child Care for Police Officers Act of 2025 establishes a federal grant program to help law enforcement officers secure childcare during non-traditional work hours. Grants will be awarded to state agencies to fund local programs that support police families, with a focus on smaller departments. The program aims to cover startup costs, operational expenses, and direct family subsidies for off-hours care. This initiative is authorized through fiscal year 2030 and includes requirements for local financial matching and mandatory program evaluations.

The Waste and Illegal Property Eradication (WIPE) Act authorizes the Department of Defense (DOD) to use portable, specialized solid waste disposal systems for the on-site destruction of seized contraband, counterfeit goods, and unauthorized materials. This legislation explicitly prohibits the use of open-air burn pits for disposing of illicit or classified items. The Act provides $8.95 million in funding for fiscal year 2026, offsetting this cost by reducing funds previously allocated for open-air burn pit operations.