Sen. Ron Wyden

Maddy summaryThis joint resolution (SJRES 124) directs the President to remove U.S. military forces from Cuba unless Congress has declared war or specifically authorized military action against Cuba. It applies to all current operations in Cuba, including Coast Guard enforcement activities, which the resolution defines as "hostilities" under the War Powers Resolution. The bill asserts Congress holds the sole constitutional authority to authorize military force under Article I, Section 8 of the U.S. Constitution. It does not prevent defensive actions against imminent attacks or lawful counternarcotics operations.

Maddy summaryThis Senate resolution expresses support for library staff across public, school, academic, and special libraries in the United States. It highlights the essential services libraries provide, such as equitable internet access, social support, and community resources, while calling for adequate funding at all government levels. The measure reaffirms the right of citizens to freely access information and explicitly supports the ability of library workers to unionize and collectively bargain. Additionally, it defends the civil rights of library staff against intimidation and censorship, noting recent challenges like book bans and the potential elimination of the Institute of Museum and Library Services.

Maddy summaryThis Senate resolution formally acknowledges April as Community College Month to honor the role of over 1,000 institutions in providing affordable higher education and workforce training. The bill does not change any laws or allocate funding; instead, it serves as a symbolic statement recognizing how these colleges support economic prosperity and serve diverse student populations. By highlighting statistics on enrollment, tuition costs, and economic impact, the resolution aims to raise public awareness about the value of community colleges without imposing new requirements.

Maddy summaryThis bill, known as the Absentee and Mail Voter Protection Act, aims to overturn a specific executive order by repealing it and prohibiting the use of federal funds to implement similar directives in the future. It directly affects the United States Postal Service, various federal agencies, and state election officials by restricting their ability to regulate mail-in ballots or create national citizenship lists for voting purposes. Key provisions ban federal agencies from sharing voter registration data, compel the Postal Service to continue delivering state-issued mail ballots without interference, and forbid the use of taxpayer money to enforce rules that would require states to adopt specific citizenship verification methods. The legislation seeks to preserve the current system where states manage their own election administration while the Postal Service delivers ballots, citing historical precedents and the high volume of mail-in voting used by Americans.

Maddy summaryThe Speedy Tariff Refund Act of 2026 requires U.S. Customs and Border Protection to automatically issue interest-bearing refunds for duties collected under the International Emergency Economic Powers Act. This process applies to all importers of affected goods and does not require them to submit requests or additional paperwork to receive their money. The bill also mandates that Customs prioritize these refunds for small businesses and re-process any previously finalized transactions to ensure the correct refund amount is paid. Additionally, the legislation expresses a congressional preference that importers pass these refunds on to their customers, though this is a statement of intent rather than a mandatory requirement.

Maddy summaryThe Drug Deal Disclosure Act requires the Department of Health and Human Services to publicly release specific records regarding agreements between the federal government and major drug manufacturers starting in 2025. This law mandates the disclosure of contracts that include provisions such as reduced drug prices based on international rates, direct-to-consumer sales discounts, duty exemptions, and special treatment for Medicare programs. While the bill allows for the redaction of confidential pricing details, it prohibits withholding information based on political sensitivity or reputational harm and requires a detailed justification for any redactions. Additionally, the act mandates reports to Congress and independent analysis from the Congressional Budget Office and the Government Accountability Office to evaluate the economic and budgetary impacts of these agreements.

Maddy summaryThis bill directs the Financial Crimes Enforcement Network to investigate whether banks and their employees properly reported suspicious financial activity involving Jeffrey Epstein and his associates. The investigation will examine specific failures in screening transactions, delays in filing reports, and decisions by major institutions to withhold information about large cash movements related to Epstein. Within 100 days of enactment, the agency must submit a detailed report to Congress, which can include confidential data from suspicious activity reports. If the investigation identifies individuals who willfully violated anti-money laundering laws, the findings will be referred to the Attorney General for further action.

Maddy summaryThe Modernization of Derivatives Tax Act of 2026 changes how taxpayers report gains and losses from financial derivatives and related investments. It requires individuals and businesses to recognize these gains or losses as ordinary income or loss in the year they occur, rather than waiting until they sell the assets. The bill introduces a new 'investment hedging unit' concept that allows taxpayers to group specific derivatives with their underlying investments, which changes how certain built-in profits and losses are calculated and reported. Additionally, the legislation updates existing tax rules regarding straddles and clarifies how corporations handle derivatives related to their own stock.

Maddy summaryThe Ending the Carried Interest Loophole Act changes how the IRS treats partnership interests given to employees for their work, specifically targeting financial managers and investment professionals. Under the new rules, these individuals must pay ordinary income tax on the value of their partnership shares at the time they receive them, rather than waiting until they sell the shares to pay lower capital gains taxes. The law also establishes a 10-year window during which any future profits earned from these shares are taxed as ordinary income instead of capital gains. Additionally, the bill repeals an existing tax provision that previously allowed certain carried interest payments to be classified as capital gains.

Maddy summaryThe YouthBuild for the Future Act expands the YouthBuild program, which helps young people gain job skills through construction training and education, by directing a larger share of funding to rural areas and tribal communities. It updates program rules to better support participants by allowing grant funds to cover matching financial requirements, providing food assistance, and offering specific support services for individuals with disabilities. The bill also introduces new grants to help program partners form alliances with local employers to create more relevant job training opportunities and requires the government to consult regularly with program operators to set realistic performance goals. Additionally, the legislation increases the total amount of money available for the program over the next six years and establishes a new specific fund to support these employer partnerships.