Maddy summaryThis bill prohibits U.S. index funds and registered investment companies from investing in "Chinese companies" as defined by the legislation. A "Chinese company" includes entities incorporated in China, controlled by the Chinese government, or heavily reliant on Chinese state-owned assets. Funds holding such investments must create a divestment plan within 180 days and fully divest within one year of the law’s enactment. Violations could result in civil penalties up to $500,000 per day or twice the transaction value. The bill directly affects major investment vehicles like mutual funds and ETFs managing trillions in U.S. retirement and savings accounts.
Sponsored bills
Maddy summaryThe TRADE SAFE Act (S 4590) prohibits U.S. national securities exchanges from listing or maintaining the listing of any security issued by companies that meet specific criteria. It directly affects companies included on three government lists: those linked to Uyghur forced labor under the Uyghur Forced Labor Prevention Act, Chinese military companies identified by the Defense Department, or entities on the Consolidated Screening List. The bill also blocks listings for companies producing covered communications equipment (per the Secure and Trusted Communications Networks Act) or previously identified under Sarbanes-Oxley for certain violations. Exchanges must remove such securities within 180 days of the bill’s enactment, with the SEC required to study current listings and report to Congress within the same timeframe.
Maddy summaryThis resolution (SRES 732) celebrates the 247th anniversary of the U.S. flag's creation (June 14, 1777) and expresses support for the Pledge of Allegiance. It affirms the Pledge's constitutionality, referencing historical context like its 1954 addition of "under God" and the 2004 *Elk Grove Unified School District v. Newdow* Supreme Court case. The Senate states the Pledge remains a constitutional expression of patriotism, recognizing its longstanding role in American life. This is a symbolic resolution with no policy or funding changes.
Maddy summaryThis bill requires Medicare Advantage plans (private insurance plans that cover Medicare benefits) to implement electronic systems for prior authorization requests by 2027, replacing outdated methods like fax. Starting in 2026, these plans must publicly report detailed data on prior authorization decisions - including approval/denial rates, appeal outcomes, and processing times - to the government. The government will publish this data online so seniors and providers can see how plans handle requests. These changes aim to reduce delays in care for seniors by making the process more transparent and timely.
Maddy summarySenate Joint Resolution 96 seeks to block a Department of Education rule that prohibits sex-based discrimination in federally funded schools (e.g., colleges, K-12 programs receiving federal aid). If approved, it would invalidate the rule published April 29, 2024 (89 Fed. Reg. 33474), preventing it from taking effect under a congressional disapproval process. This would maintain existing nondiscrimination standards for education programs instead of implementing the new rule. The resolution directly affects all schools and programs receiving federal education funding.
Maddy summarySRES 731 is a Senate resolution commemorating the 49 victims killed in the June 12, 2016, Pulse nightclub attack in Orlando. It honors the victims, their families, survivors, and first responders who responded to the attack. The resolution expresses the Senate’s condolences and recognizes the attack’s impact on the LGBTQ and Hispanic communities, while acknowledging June 12 as Pulse Remembrance Day in Florida. As a non-binding commemorative measure, it does not create new policies or affect any specific groups through legislative action.
Maddy summaryThe Dismantle DEI Act of 2024 would eliminate diversity, equity, and inclusion (DEI) programs across federal agencies by rescinding related executive orders, closing DEI offices, and prohibiting federal funding for DEI training and activities. The bill defines "prohibited diversity, equity, or inclusion practice" to include training that asserts certain racial or ethnic groups are inherently superior or inferior, and bans federal funds from being used for such programs. It would apply to federal offices, training, contracting, grants, advisory committees, and education programs, with enforcement through private lawsuits and penalties of $1,000 per violation per day. The bill specifically exempts Equal Employment Opportunity offices and offices enforcing the Americans with Disabilities Act from these restrictions.
Maddy summaryThe Dads Matter Act of 2024 requires the U.S. Department of Health and Human Services (HHS) to launch a public awareness campaign within two years to highlight how father involvement improves maternal and infant health outcomes during pregnancy, birth, and postpartum. It also mandates HHS to issue state guidance within one year, instructing healthcare providers (like hospitals and insurers) to train staff on engaging fathers and providing resources on topics such as prenatal care, safe sleep, breastfeeding support, and screening fathers for depression. The bill aims to address barriers to father participation, including cultural norms, and requires states to encourage providers to adopt these practices. A separate provision directs the Government Accountability Office (GAO) to study the bill's effectiveness and report to Congress six years after enactment.
Maddy summaryThis joint resolution (SJRES 92) seeks to block an Environmental Protection Agency (EPA) rule that established new greenhouse gas emission standards for fossil fuel power plants and repealed an earlier rule. It targets the EPA's specific rule (published May 9, 2024), which set performance standards for new/modified plants, emission guidelines for existing plants, and removed the Affordable Clean Energy Rule. The resolution uses a procedural mechanism under the Congressional Review Act to disapprove the rule, meaning it would prevent the EPA rule from taking effect. If passed, the rule would have no legal force, directly affecting how power plants regulate emissions under federal law.
Maddy summaryThis joint resolution (SJRES 93) seeks to block a specific rule proposed by the Department of Commerce. It targets the rule titled "Revision of Firearms License Requirements" (published April 30, 2024, in the Federal Register), which would have changed requirements for firearms licenses. If passed, the resolution would prevent this rule from taking effect by invoking a congressional disapproval process under Title 5, U.S. Code. The resolution directly affects the implementation of the Commerce Department's proposed firearms licensing changes, not the licensing requirements themselves.