Maddy summaryThis bill modernizes the Commodity Futures Trading Commission's (CFTC) authority to conduct research on emerging technologies affecting financial markets. It requires the CFTC to establish programs studying how new technologies impact cybersecurity, market operations, and regulations, and to develop educational materials for market participants. The bill permits the CFTC to use streamlined "other transaction" agreements (bypassing standard procurement rules) and accept non-monetary contributions like data access or facilities for research, with strict safeguards against conflicts of interest. All such activities must be reported annually to congressional agriculture committees, and the authority expires in 2031. The bill directly affects the CFTC's research operations and indirectly impacts market participants through enhanced regulatory understanding.
Rep. Austin Scott
Sponsored bills
Maddy summaryHR 909, the Crime Victims Fund Stabilization Act of 2025, modifies how funds from the False Claims Act are deposited into the Crime Victims Fund. It specifies that from 2025 through 2029, certain False Claims Act proceeds (specifically those for qui tam plaintiff payments and government damage reimbursements) cannot be deposited into the fund. This change directly affects the composition of the Crime Victims Fund by excluding these specific revenue streams during the specified period. The bill does not create new benefits or alter victim services; it only adjusts fund allocation rules for existing False Claims Act revenues.
Maddy summaryHRES 987 is a symbolic House resolution denouncing Venezuela's Nicolás Maduro as an "authoritarian, despotic, and murderous regime" and commending former President Trump for ordering a January 3, 2026, operation to arrest Maduro. It references prior congressional efforts to address Maduro's alleged human rights abuses and election interference. The resolution expresses support for the operation described as targeting Maduro's "brutal narcoterrorism and crimes against humanity." As a non-binding resolution, it does not create new policy but serves as a formal statement of congressional position.
Maddy summary# Summary of Reserve Component Duty Consolidation Legislation This legislation is a comprehensive revision of military reserve component terminology and definitions throughout the U.S. Code. The primary purpose is to replace the outdated term "inactive duty training" with the more accurate and consistent term "reserve component duty" across all relevant sections of federal law. ## Key Provisions: 1. **Terminology Change**: - Replaces "inactive duty training" with "reserve component duty" in over 50 sections of the U.S. Code (primarily Titles 10, 32, and 37) - Also replaces related terms like "inactive duty" and "inactive duty for training" with "reserve component duty" 2. **Repeals**: - Repeals Chapter 13 of Title 10 - Repeals Sections 10147, 10148, 12406, 12503, 12552 of Title 10 - Repeals Sections 114, 115, and 328 of Title 32 3. **Definition Updates**: - Creates new definitions for "reserve component duty" and "remote assignment" in Title 10 - Defines "Active Guard and Reserve functions" more precisely - Clarifies that reserve component duty includes: * Training as described in sections 552(a) and 553(a) of Title 32 * Support activities authorized for members of the reserve components * Duty prescribed under sections 543 of Title 32 4. **Transition Provisions**: - Establishes a 10-year transition period from the date of enactment - Allows for earlier implementation if all relevant departments (Defense, Homeland Security, Veterans Affairs) certify readiness - Provides for early TRICARE eligibility for members ordered to active duty or full-time National Guard duty 5. **Conforming Amendments**: - Makes numerous technical changes to ensure consistent terminology throughout the U.S. Code - Updates references to training requirements, pay, and benefits to reflect the new terminology This legislation represents a significant effort to modernize military reserve component terminology, eliminate confusing and outdated references, and create a more consistent framework for understanding and managing reserve component service obligations and benefits.
Maddy summaryThis bill establishes a U.S.-owned nonprofit corporation to support the athletic programs of the United States Merchant Marine Academy (USMMA). The Secretary of Transportation will create and oversee the corporation, which can enter sole-source contracts, accept donations (including from the NCAA and ticket sales), and license USMMA trademarks to fund athletic activities. The corporation must operate as a 501(c)(3) nonprofit under New York law, with DOT employees serving on its board in limited oversight roles. Funds received - such as from sponsorships, licensing fees, or other sources - must be retained exclusively for USMMA athletics, with strict rules to prevent conflicts with DOT’s other duties. The bill directly affects USMMA’s athletic programs and the Department of Transportation’s management of related funding.
Maddy summaryThis bill updates financial literacy training requirements for military members. It modifies the mandatory financial literacy survey to specifically gather data from enlisted personnel at E-7 or below and officers at O-4 or below, asking about their current financial knowledge, preferred learning methods (like online modules or peer programs), and specific needs (such as debt management or home buying). The Secretary of Defense must also improve tracking of training completion, address reasons for non-participation, and establish performance measures to evaluate program effectiveness. Finally, the Department must submit a detailed implementation timeline and strategy to Congress for these changes.
Miracle on Ice Congressional Gold Medal Act This act provides for the award of Congressional Gold Medals to the members of the 1980 U.S. Olympic men's ice hockey team in recognition of the team's achievement at the 1980 Winter Olympic Games.
Maddy summaryThis bill establishes new requirements for pharmacy benefit managers (PBMs) working with Medicare Part D prescription drug plans and Medicaid programs. It mandates that PBMs pay pharmacies a specific reimbursement amount based on drug acquisition costs plus a fixed fee, pass through manufacturer rebates directly to beneficiaries at the point of sale, and prohibits steering practices that direct patients to specific pharmacies. The bill applies to Medicare Part D plans and Medicaid managed care organizations beginning January 1, 2027, affecting how PBMs interact with pharmacies and handle drug rebates. Violations could result in criminal penalties of up to $1 million or 10 years in prison for willful noncompliance. The bill aims to increase transparency and fairness in pharmacy drug pricing for Medicare and Medicaid beneficiaries.
Maddy summaryHR 1623 (the SCREEN Act) requires online platforms that profit from hosting pornographic content to implement age verification technology, preventing minors from accessing such material. Covered platforms must publicly disclose their verification process and securely handle age data collected through these systems. The law applies specifically to platforms where pornographic content is a regular business activity, not all websites. It mandates that only adults can access pornographic content on these platforms, without banning the content itself.
Maddy summaryHRES 936 is a procedural resolution that establishes the rules for debating and voting on six specific bills in the House of Representatives. It sets time limits for debate, waives points of order, and outlines procedures for amending bills related to water pollution control, investment company regulations, energy supply chain assessments, utility regulations, natural gas authorizations, and a veterans' cemetery request. This resolution does not make policy changes itself but creates the framework for considering the substantive bills listed in its title.