The Federal Reserve Transparency Act of 2025 requires the Comptroller General of the United States to audit the Federal Reserve System's Board of Governors and Federal Reserve banks within 12 months of the law's enactment. The audit must be completed within that timeframe, and a detailed report of findings, conclusions, and recommendations must be submitted to Congress within 90 days of completion. This report will be shared with congressional leaders and made available to any member of Congress who requests it. The bill directly affects the Federal Reserve System by imposing new transparency requirements for its operations and financial activities.
The El Paso Air Traffic Control Tower Modernization Act (HR 6632) authorizes federal funding to replace the aging air traffic control tower at El Paso International Airport in Texas. This bill directly affects the airport's operations by providing necessary funds for infrastructure modernization, ensuring continued safe air traffic management. The key provision is a specific appropriation from Treasury funds to cover the tower replacement costs, with no new regulations or broader policy changes. The legislation focuses solely on this single airport project without altering national aviation standards.
The SHIELD Act of 2025 withholds federal funding from states or local governments that arrest, detain, or prosecute federal officers for lawful immigration enforcement actions. It directly affects jurisdictions (like cities or counties) that interfere with federal immigration enforcement, such as by blocking ICE operations. The law requires the Attorney General and DHS to determine violations, then blocks all federal grants and contracts for the affected jurisdiction during the fiscal year. Funding withheld is reallocated to compliant jurisdictions, and restoration requires written assurances that interference will stop.
The Keeping All Students Safe Act prohibits the use of unlawful seclusion and restraint in schools receiving federal funding, including physical restraint that restricts breathing or blood flow, chemical restraint not prescribed for medical treatment, and mechanical restraint. The bill requires schools to use less restrictive interventions first, mandates that staff using physical restraint be trained and certified through State-approved programs, and requires immediate parent notification after any restraint incident. States must develop plans to monitor compliance, collect and report data on restraint incidents (disaggregated by race, disability status, and school type), and implement positive behavioral interventions. The bill provides $40 million annually for five years to support states in implementing these requirements and improving school climate through evidence-based approaches.
This bill amends the Higher Education Act to extend the loan limits for graduate and professional students indefinitely. It removes the previous expiration date (June 30, 2026) for these limits, meaning graduate and professional students will continue to have access to the same federal loan amounts without a set end date. The key change modifies Section 455(a) by eliminating the sunset provision and updating the effective date language in the law. This directly affects students pursuing advanced degrees who rely on federal loans for tuition and living expenses. The bill makes a technical adjustment to existing student loan policy without creating new benefits or altering eligibility criteria.
HR 6665 prohibits the Nuclear Regulatory Commission (NRC) from issuing licenses for private facilities to store spent nuclear fuel or high-level radioactive waste, except at sites attached to operating nuclear power plants or federally owned storage sites. This bill directly affects private companies seeking to operate interim storage facilities and the NRC, which would no longer issue such licenses. Existing licenses for private interim storage would be canceled upon the bill's enactment. The law does not restrict long-term disposal at federally managed repositories, as defined under the Nuclear Waste Policy Act.
This 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.
HR 6659, the Critical Minerals Trade Security Act, creates a new "Chief Critical Minerals Negotiator" within the U.S. Trade Representative's office to address supply chain risks. This position will negotiate trade deals on critical minerals (like rare earth elements vital for defense and energy technologies), enforce relevant trade agreements, and monitor foreign practices that disrupt U.S. supply chains. The bill requires the negotiator to submit annual reports starting in 2026 detailing supply chain risks from specific countries and violations of trade agreements, followed by a 30-day plan for responding to identified threats. These reports and plans will be shared with Congress and made public, focusing on protecting U.S. defense, energy, and infrastructure sectors from foreign supply chain vulnerabilities.
This bill requires the Secretary of Defense to create a program partnering with eligible colleges and universities (including those conducting DoD research or senior military colleges) to develop standardized cybersecurity education programs. It mandates collaboration with agencies like NSA, CISA, and NIST to establish curriculum standards, workforce competencies, and community outreach, while designating qualifying institutions based on specific criteria like adherence to national cyber workforce frameworks and regional accreditation. The program must report annually to Congress on its cost-effectiveness and benefits to participants and the Department of Defense, without authorizing new funding. It directly affects academic institutions meeting the defined criteria and aims to strengthen the national cyber workforce through coordinated educational standards.
HR 6643, the American Border Story Memorial Act, authorizes a nonprofit organization ("The American Border Story") to establish a commemorative memorial on federal land in Washington, D.C., to honor U.S. citizens and legal residents who died due to crimes committed by individuals unlawfully present in the U.S. The bill prohibits the use of federal funds for the memorial's creation or maintenance, requiring all costs to be covered by private donations. Any remaining funds after project costs must be deposited into specific federal or National Park Foundation accounts, as outlined in the Commemorative Works Act. This is a procedural memorial bill with no direct policy or regulatory changes.
The Safer Schools Act of 2025 establishes a 5-year federal pilot program providing grants to public schools for security risk assessments and physical security upgrades. Public schools that have experienced violent incidents involving multiple people are prioritized for both types of grants. Schools receiving assessment grants must first identify vulnerabilities, while improvement grants fund specific security measures like panic alarms linked to local police, with federal funds covering up to 50% of costs. The program allocates $600 million total ($100M-$300M annually), requiring schools to submit financial reports and post-implementation safety surveys, with annual congressional reports tracking outcomes.
HR 6648, the FAIR Vets Act, increases the dollar thresholds for sole-source federal contracts awarded to service-disabled veteran-owned small businesses. It raises the limit from $7 million to $10 million for certain contracts and from $3 million to $8 million for others under the Small Business Act. This change directly affects service-disabled veteran-owned small businesses by allowing them to secure more contracts without competitive bidding. The bill requires federal agencies to update their regulations within 180 days of enactment, with the changes applying to solicitations issued 180 days after that.
