Rep. John W. Rose

Maddy summaryThe SILVER Act aims to improve the resilience and efficiency of the U.S. precious metals futures market by allowing storage facilities outside New York City to be approved for use in futures contracts. The bill requires derivatives clearing organizations to use transparent, objective criteria when selecting storage vaults and to approve new facilities that promote geographic diversity, competition, and lower storage costs. It mandates that at least two approved depositories be available in each of the four U.S. time zones, ensuring broader market access and reducing risks associated with concentrating vaults in one location. The legislation also requires periodic assessments of how easily market participants can access physical delivery of commodities regardless of where the storage facilities are located.

Maddy summaryThis bill requires the U.S. Secretary of the Treasury to submit a comprehensive report to Congress within 180 days on barriers preventing Somaliland from accessing the United States financial system. The report must examine legal, regulatory, and policy obstacles related to Somaliland's international recognition status, compliance with anti-money laundering and counter-terrorism financing standards, and challenges to remittance flows. Additionally, the report should include recommendations for steps Somaliland can take to improve compliance with international financial norms and actions the U.S. government could take to facilitate financial access, such as evaluating World Bank and IMF resource allocation and assessing SWIFT system integration. The Treasury Secretary may consult with Somaliland government officials and private financial institutions while preparing the report.

Deporting Fraudsters Act of 2026 This bill makes certain acts related to public benefits fraud grounds for (1) barring a non-U.S. national ( alien under federal law) from admission into the United States, or (2) deporting the individual. The bill also makes such an individual ineligible for immigration enforcement relief, including relief for an individual in danger of subjection to torture. Specifically, this bill applies to individuals who have been convicted of, admit to having committed, or admit to acts which constitute certain offenses. Offenses covered by this bill include (1) fraud involving Supplemental Nutrition Assistance Program (SNAP) benefits, (2) fraud involving Social Security benefits, (3) fraud involving programs that receive federal funds, and (4) the production of fraudulent identification documents.

Maddy summaryHR 1799, the Financial Reporting Threshold Modernization Act, raises reporting thresholds for financial institutions handling large cash transactions. It increases the threshold for currency transaction reports from $10,000 to $30,000 and adjusts suspicious activity report thresholds from $5,000/$2,000 to $10,000/$3,000. The bill requires automatic updates to these thresholds every five years using the Consumer Price Index to account for inflation. This directly affects banks, money services businesses, and other entities that must file these reports under U.S. financial regulations.

Maddy summaryThis bill, titled the Clean Water for All Life Act, would amend federal criminal law to prohibit chemical abortions unless a healthcare provider is physically present during the procedure. It directly affects individuals who prescribe, administer, or assist with chemical abortion drugs like mifepristone and misoprostol by making it a federal crime to provide these services without a physical exam and the provider's presence. The law requires that patients receive a catch kit and red bag medical waste container with disposal instructions, and it defines an unborn child as beginning at fertilization. Violations could result in up to five years in prison and a $50,000 fine for each occurrence. The bill does not address other forms of abortion or change existing state laws.

Enhanced Iran Sanctions Act of 2025 This bill imposes sanctions on certain foreign persons (individuals and entities) that are involved in Iran's petroleum sector as well as certain associated persons. The bill also requires or authorizes actions to facilitate the enforcement of sanctions on Iran. Specifically, the bill requires the President to impose visa- and property-blocking sanctions on any foreign person that, after the bill's enactment, knowingly engages in any transaction related to the processing, export, or sale of oil, condensates, gas, liquefied natural gas, or other petrochemical products in whole or in part from Iran. The President must also impose sanctions on certain foreign persons associated with a sanctioned individual or entity. For example, the President must sanction the subsidiaries and corporate officers of a sanctioned business. The bill provides certain exceptions to these sanctions, including specifying that sanctions do not apply to the importation of goods or to conducting or facilitating transactions for humanitarian assistance. The Department of State must establish an interagency working group that shall seek to establish a multilateral contact group to coordinate international efforts to enforce sanctions on Iran. The bill expands the State Department rewards program to authorize a reward payment to any individual who furnishes information leading to the identification of a person (1) subject to sanctions under this bill, or (2) that has attempted or is attempting to evade sanctions under this bill.

Maddy summaryThis bill, titled the Safeguarding Women from Chemical Abortion Act, aims to revoke federal approval for the drug mifepristone (also known as RU-486) for use in terminating pregnancies. If enacted, the Food and Drug Administration's approval for mifepristone for this indication would be withdrawn within 14 days, making its introduction into interstate commerce for pregnancy termination a violation of federal law. Additionally, the bill establishes a new federal right for individuals to sue manufacturers of mifepristone if they experience bodily injury or harm to mental health attributed to its use for pregnancy termination. This legislation directly affects drug manufacturers, distributors, healthcare providers, and individuals seeking or having used medication abortion.

Maddy summaryHR 7932, the HONOR Gold Star Families Act, increases the death gratuity paid to families of service members who died in the line of duty. It raises the current $100,000 payment to $200,000 for deaths occurring on or after January 1, 2026. The bill also adds an annual cost-of-living adjustment to this amount, increasing it each January 1 based on the previous year’s inflation rate as measured by the Consumer Price Index. This directly affects Gold Star Families - those who have lost a service member in military service - by providing a larger initial payment and ensuring future payments keep pace with inflation.

Maddy summaryThis bill requires the Treasury Secretary to give annual testimony to Congress about how the Community Development Financial Institutions Fund operates. The fund supports small businesses and community organizations through financial services, and this change would make its activities more visible to lawmakers. The testimony would cover the previous year's operations and would be given at the discretion of the chairs of the relevant House and Senate committees. This measure aims to increase transparency and oversight of the fund without changing how it distributes money or what programs it runs.

Maddy summaryThis bill requires the Department of Defense to establish wellness check procedures for military members who have sustained significant injuries or illnesses or are on sick call. If a member does not respond to electronic or phone contact attempts during a wellness check, the person conducting the check must follow up with an in-person visit. If the member cannot be located after these efforts, the bill outlines how to report the situation using existing Department of Defense procedures for missing or unaccounted personnel. Unit commanders must coordinate with legal advisors to implement these checks and regularly review safety requirements while holding confidential meetings with medical officers to discuss significant health issues within their units. The bill also mandates training for all military members and civilian employees on the importance of accountability and the procedures for conducting wellness checks.