Debt-to-GDP Transparency and Stabilization Act This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the ratio of the surplus or deficit to the estimated GDP.
America's National Churchill Museum National Historic Landmark Act This bill designates the America’s National Churchill Museum, including the Winston Churchill Memorial, located at Westminster College in Fulton, Missouri, as the America’s National Churchill Museum National Historic Landmark. (Former British Prime Minister Winston Churchill gave a speech titled The Sinews of Peace , also widely known as the Iron Curtain Speech, at the college in 1946.) The bill permits the Department of the Interior to enter into cooperative agreements with public and private entities for the purposes of protecting historic resources at the landmark and providing educational and interpretive facilities for the public. Interior may provide technical and financial assistance to partner entities. The bill also directs Interior to conduct a special resource study to evaluate the national significance of the landmark and to determine the suitability and feasibility of designating it as a unit of the National Park System. The study must consider alternatives to that designation for the preservation, protection, and interpretation of the landmark, and must include cost estimates associated with identified alternatives.
Maddy summaryThe TIER Act of 2025 adjusts financial regulatory thresholds to account for economic growth. It raises key asset thresholds for large banks and financial institutions - from $250 billion to $370 billion in most cases (e.g., in the Federal Reserve Act and Financial Stability Act). The bill also establishes a new mechanism requiring periodic, automatic adjustments to these thresholds every five years based on U.S. GDP growth, starting in 2031. These changes directly affect large bank holding companies and financial firms subject to federal oversight under current regulations. The adjustments aim to keep regulatory standards aligned with the evolving size of the economy.
Maddy summaryHRES 1073 is a non-binding resolution designating February 21-28, 2026, as "National FFA Week" to recognize the National Future Farmers of America (FFA) Organization’s role in developing agricultural education leaders and to celebrate the 50th anniversary of Alaska’s State FFA Association. It does not create new laws or affect any specific groups or policies; instead, it formally expresses the House’s support for this commemorative week. The resolution highlights FFA’s mission to prepare students for leadership and careers in agriculture, food, and natural resources. As a symbolic gesture, it has no direct legislative or financial impact on constituents.
Maddy summaryThis bill designates the U.S. Postal Service facility at 4431 Main Street in Philadelphia, Pennsylvania, as the "Dr. Constance 'Connie' E. Clayton Post Office." It updates all official federal references to the location to reflect this new name, honoring Dr. Constance E. Clayton's contributions. The bill affects only the postal facility's official designation and has no substantive policy changes.
Maddy summaryHR 7550, the Permanent Tax Relief for Seniors Act, makes a specific tax deduction for seniors permanent. It removes an expiration date that previously limited the deduction to taxable years before 2029, extending it indefinitely. This change directly affects seniors aged 65 or older who claim the standard deduction under the Internal Revenue Code. The key mechanism is amending the tax code to eliminate the sunset provision, ensuring the deduction applies to all future taxable years beginning after December 31, 2026. The policy change provides ongoing tax relief for eligible seniors without altering other tax provisions.
Maddy summaryThe SCAM Act requires online platforms that display paid advertisements (like social media sites) to verify advertiser identities, implement scam detection systems, and remove fraudulent ads within 24 hours of confirmation. It directly affects platforms that accept payment for ads, targeting scams such as fake giveaways, romance scams, and AI impersonations that cost consumers $195 billion in 2024 (per FTC data). Key mechanisms include mandatory identity checks for advertisers, active monitoring systems, and a 72-hour investigation window for reported scams. The law aims to reduce fraud by shifting responsibility to platforms, with enforcement by the FTC and state attorneys general.
This bill designates the facility of the United States Postal Service located at 10 East Main Street in Mahaffey, Pennsylvania, as the "Robert Allen Bishop, Sr. Post Office Building".
Maddy summaryThis bill authorizes the U.S. Mint to produce two types of commemorative $2.50 coins for the 250th anniversary of the Declaration of Independence: a circulating coin for everyday use and a numismatic (collector) coin. Both would feature designs based on the 1926 Sesquicentennial coin - showing allegorical liberty holding the Declaration on one side and Independence Hall on the other - with "1776-2026" inscriptions. The bill requires the Mint to issue these coins by July 4, 2026, if technically and economically feasible, but does not mandate their production or affect any specific groups beyond the public who may purchase them.
Maddy summaryThis bill amends the process for the Financial Stability Oversight Council (FSOC) when considering actions against U.S. nonbank financial companies. It requires the FSOC to first determine that alternative solutions - such as new regulatory standards, agency actions, or a company's written plan - are not possible or insufficient to protect financial stability before voting on a formal determination. The change directly affects the FSOC and large nonbank financial companies that could face regulatory scrutiny. The key provision adds a new step to ensure the Council explores other options before taking significant action. (Procedural bill; summary limited to 3 sentences as specified.)
