Rep. William R. Timmons IV

Maddy summaryHR 1919, the "Anti-CBDC Surveillance State Act," prohibits the Federal Reserve from developing, testing, or issuing any central bank digital currency (CBDC) or similar digital assets. It specifically bans the Fed from offering direct financial products to individuals, maintaining individual accounts, or issuing CBDCs directly or indirectly through intermediaries like banks. The bill also blocks the Fed from using any digital asset for monetary policy and clarifies that physical currency's privacy protections remain intact. This policy directly affects the Federal Reserve System's ability to create or manage digital monetary tools.

Maddy summaryHR 4382 authorizes the U.S. Mint to produce commemorative coins for the 2028 Los Angeles Olympics/Paralympics and 2034 Salt Lake City Winter Olympics/Paralympics. It specifies gold, silver, and half-dollar coin designs with defined mintage limits (e.g., up to 100,000 $5 gold coins for each event), all bearing inscriptions like "2028" or "2034" and standard coin features. A surcharge ($5-$50 per coin) is added to sales, with all funds directed to the respective Olympic committees to support event hosting and legacy programs like youth sports. The bill ensures no net cost to the government by requiring surcharge revenues to cover all design, production, and marketing expenses before funds are disbursed.

Maddy summaryHR 4385, the Helping More Families Save Act, establishes a 10-year pilot program allowing families receiving Section 8 or 9 housing assistance to save money toward financial stability. Under the program, eligible families (with income under 80% of area median income) have rent increases tied to their earned income placed into interest-bearing escrow accounts managed by participating housing agencies. Families can withdraw these savings after 5 years (or earlier for self-sufficiency goals approved by the agency), without affecting their eligibility for other benefits. The program requires agencies to notify families of enrollment options and prohibits denial of housing assistance for opting out, with a final evaluation report due 8 years after implementation.

Maddy summaryHR 4329, the Building Civic Bridges Act, creates an Office of Civic Bridgebuilding within the Corporation for National and Community Service to support projects reducing community divisions. It establishes a 3-year pilot grant program funding nonprofits, community groups, and schools to run projects that foster respect across diverse communities, address unmet needs like health or safety concerns, and improve social cohesion. Grants require projects to use research-based approaches, engage polarized communities, ensure participant safety, and track outcomes using standardized criteria. The program is funded exclusively through existing donations (not new federal funds) and mandates consultation with diverse community leaders and researchers. The Office will also compile research on civic bridgebuilding best practices for public access.

Maddy summaryHRES 565 designates the week of June 30-July 4, 2025, as "National Tire Safety Week" to promote education about tire maintenance for American motorists. The resolution supports existing safety practices like checking tire pressure monthly (when tires are cold), verifying tread depth (using the penny test), and rotating tires per manufacturer guidelines. It encourages drivers to inspect tires for damage and follow recommended maintenance to reduce risks like underinflation, hydroplaning, and premature wear. As a non-binding resolution, it expresses congressional support for public awareness efforts but does not create new legal requirements.

Maddy summaryHR 4167, the Expanding Access to Lending Options Act, amends the Federal Credit Union Act to extend the maximum time federally chartered credit unions can hold mortgage loans from 15 years to 20 years (or longer by NCUA regulation). This change directly affects federally chartered credit unions by allowing them to offer longer-term mortgage products to members. The key provision modifies Section 107(5) of the Federal Credit Union Act, specifically updating the time limit for mortgage loans held by credit unions. The bill also includes a non-binding sense of Congress statement emphasizing safety and soundness in NCUA oversight, but the core policy change is the extended mortgage holding period.

Maddy summaryHR 4132, the Prescription Information Modernization Act of 2025, allows drug manufacturers to provide FDA-approved prescribing information for prescription drugs exclusively through electronic means, while requiring them to offer paper copies at no additional cost upon request by prescribers or dispensers. The bill directly affects drug manufacturers, doctors, pharmacists, and other healthcare professionals who rely on prescribing information. Key provisions include mandating that manufacturers give prescribers/dispensers the choice to continue receiving paper copies or request them as needed, and requiring the HHS Secretary to issue implementing regulations within one year to support this transition. The law takes effect two years after enactment or when final regulations are issued, whichever comes first.

Maddy summaryThe FIRM Act (HR 2702) prohibits federal banking agencies from considering "reputational risk" in supervising banks and credit unions. It requires agencies to remove all references to reputational risk - defined as concerns about negative publicity affecting an institution's reputation - from regulations, examinations, and enforcement actions. The bill directly affects depository institutions (banks and credit unions) and federal regulators like the FDIC and CFPB, banning them from using reputational risk as a basis for supervision or enforcement. This policy change aims to limit regulatory actions based on subjective public opinion rather than financial safety and soundness.

Maddy summaryThis resolution (HRES 501) amends House rules to allow two members - one from the majority party and one from the minority party - to jointly sponsor public bills or resolutions. It directly affects House members by changing the sponsorship process for legislative proposals. The key provision adds a new paragraph to Rule XII, permitting this cross-party sponsorship structure while updating related procedures for naming cosponsors and submitting constitutional statements. The change aims to facilitate bipartisan collaboration on legislative proposals within the House rules framework.

Maddy summaryThe STOP CSAM Act of 2025 would strengthen protections for child victims and witnesses in federal court by creating a new definition of "covered person" to include minors under 18 who are victims or witnesses of abuse, exploitation, or kidnapping. The bill requires internet service providers to report apparent child sexual exploitation to the CyberTipline within 60 days, with civil penalties of $50,000-$250,000 per violation and criminal fines up to $1 million for non-compliance. It also creates new civil remedies allowing victims to sue platforms that host or promote child sexual exploitation, with minimum $300,000 in damages. Additionally, large platforms would be required to submit annual reports to the Attorney General and FTC detailing their safety measures and child exploitation on their platforms.