Sen. Sheldon Whitehouse

Maddy summaryThe STOP Corrupt Bets Act of 2026 prohibits trading on prediction markets related to political elections, government actions, sporting events, and military operations through registered financial entities. This ban applies to contracts, transactions, or swaps involving these topics unless they are used for legitimate hedging or commercial risk mitigation. The bill also directs the Comptroller General to conduct a study on prediction markets, focusing on insider trading, impacts on young adults, and ways to address illegal activities in both domestic and foreign markets. Additionally, the legislation clarifies that it does not override state laws regulating gambling.

Maddy summaryThis joint resolution seeks to disapprove a rule from the Bureau of Consumer Financial Protection that would allow banks to reopen previously closed deposit accounts. The bill directly affects financial institutions and consumers by preventing the agency from implementing this specific policy change. If passed, the resolution would block the rule from taking effect, keeping the previous regulations in place regarding account closures. The measure requires approval from both the Senate and House of Representatives to become law.

Maddy summaryThis joint resolution seeks to overturn a federal rule issued by the Bureau of Consumer Financial Protection regarding the Fair Credit Reporting Act and state law preemption. If passed, it would nullify the rule, allowing states to maintain their own regulations on credit reporting rather than following the federal standard. The measure directly affects credit reporting agencies, financial institutions, and state lawmakers by restoring state authority over credit reporting practices. It uses the Congressional Review Act process to disapprove the specific regulation without creating new policy changes.

Maddy summaryThis Senate resolution commemorates the 205th anniversary of Greece's independence and celebrates the shared democratic values of Greece and the United States. The bill formally congratulates the Greek people on their independence day, acknowledges historical ties between the two nations including American support during Greece's independence struggle and World War II, and recognizes Greece's ongoing role as a NATO ally and strategic partner. It also commends the Greek-American community for its contributions to American society and highlights current bilateral cooperation in areas such as energy security and regional stability.

Maddy summaryThis bill, the Stop Subsidizing Giant Mergers Act, changes how the Internal Revenue Code treats large corporate mergers and acquisitions. It prevents mergers between two companies that each have combined average annual gross receipts exceeding $500 million from being treated as tax-free reorganizations, unless specific exceptions apply. The exceptions include cases where one company already controls the other, both are controlled by a third corporation, or the companies qualify as small businesses under existing tax rules. The $500 million threshold will be adjusted for inflation starting in 2027, and the Treasury Department is authorized to create regulations to prevent companies from using multiple transactions to avoid these restrictions.

Maddy summaryThis bill (SJRES 107) seeks congressional disapproval of an Internal Revenue Service (IRS) rule that sets requirements for when construction must begin on wind and solar facilities to qualify for federal tax credits. The rule, IRS Notice 2025-42, would have determined how developers meet "beginning of construction" criteria to maintain eligibility for clean energy production and investment tax credits. If passed, this resolution would block the IRS rule from taking effect, directly affecting wind and solar project developers who rely on these tax credits. The bill does not create new policy but halts an existing regulatory requirement under federal law.

Maddy summarySJRES 103 is a congressional disapproval resolution targeting a Department of Veterans Affairs (VA) rule on reproductive health services for veterans. The resolution, if passed, would block the VA rule from taking effect by invoking the Congressional Review Act (Chapter 8 of Title 5, U.S. Code), meaning the rule published in the Federal Register (December 31, 2025) would have no legal force. This directly affects the VA’s ability to implement new guidelines for reproductive health services at its facilities, preserving existing policies instead. The resolution does not create new policy but halts a specific administrative rule.

Maddy summaryThe FISH Act of 2025 establishes a U.S. government "blacklist" of foreign fishing vessels, fleets, and their beneficial owners engaged in illegal, unreported, or unregulated (IUU) fishing or fishing involving forced labor. The bill prohibits listed vessels from accessing U.S. ports, receiving supplies within U.S. waters, and having their seafood imported into the United States. It creates procedures for adding vessels to the list based on evidence from international organizations, U.S. authorities, or civil society, with mechanisms for removal after corrective actions are taken. The act also authorizes sanctions against entities supporting IUU fishing and requires reports on enforcement efforts and technological solutions to combat IUU fishing.

Maddy summaryThis resolution commemorates the 100th anniversary of the American Shore and Beach Preservation Association, a nonprofit organization focused on coastal protection and restoration. The Senate formally recognizes and congratulates the Association for its century-long work in promoting science-based coastal stewardship and policy advocacy. The measure does not create new laws or funding but serves as a ceremonial acknowledgment of the organization's contributions to preserving U.S. shorelines and beaches.

Maddy summaryS 2903, the Safe Step Act, requires health insurance plans and employers offering health coverage to establish a clear, timely process for patients or doctors to request exceptions when step therapy protocols (where insurers require trying cheaper drugs first) would harm a patient. It mandates approval for exceptions if prior drugs failed, delay would cause severe harm, a drug is unsafe, or a patient is stable on their current medication. Plans must respond to requests within 72 hours (or 24 hours in emergencies) and cover the requested drug without extra cost-sharing. The bill also requires annual reports to the government on exception requests, approvals, denials, and trends by medical condition or specialty. This directly affects patients on health plans with step therapy, their doctors, and the insurers managing those plans.