Rep. Young Kim

Maddy summaryThe Credit Union Investment Authority Act expands the types of financial instruments that federal credit unions are permitted to purchase by amending the Federal Credit Union Act. Specifically, it allows credit unions to invest in corporate debt issued by entities not exclusively owned by or designed for credit unions, provided that investments in any single issuer do not exceed 10 percent of the credit union's paid-in capital and surplus. Additionally, the bill authorizes federal credit unions to purchase asset-backed securities as defined under the Securities Exchange Act of 1934. To ensure safety and soundness, the National Credit Union Administration Board is required to issue regulations within one year that set minimum standards for the size, aggregate sale price, and investment grade of these asset-backed securities.

Maddy summaryHR 7008, the Stop Insider Trading Act, restricts Members of Congress, their spouses, and dependent children from purchasing certain investments like stocks in publicly traded companies. It requires 7-14 days' advance public notice before selling any such investment, including the sale date, description, and number of shares. Exceptions apply for work-related transactions (e.g., employer compensation) and reinvesting dividends. Violations trigger a fee of $2,000 or 10% of the investment’s value (whichever is greater), plus any net gain, paid from personal funds - not congressional allowances or campaign donations. The bill aims to prevent conflicts of interest by increasing transparency around congressional financial dealings.

This bill designates the facility of the United States Postal Service located at 6444 San Fernando Road in Glendale, California, as the "Paul Ignatius Post Office".

This bill designates the facility of the United States Postal Service located at 340 East 1st Street in Tustin, California, as the "Ursula Ellen Kennedy Post Office Building".

Maddy summaryHR 2175 designates the U.S. Postal Service facility at 130 South Patterson Avenue in Santa Barbara, California, as the "Brigadier General Frederick R. Lopez Post Office Building." The bill updates all official U.S. government references to this location to reflect the new name. This is a ceremonial naming bill with no policy changes or direct impact on residents or services.

Maddy summaryThe North Korean FAKER Act authorizes the U.S. State Department to coordinate with allied nations and private companies to stop North Korea from using fake identities and remote work scams to generate illegal money. This legislation specifically targets deceptive employment schemes that allow North Korea to fund its nuclear, missile, and other weapons programs by disrupting the networks involved. The bill mandates annual reports to Congress on these illegal activities and allows the government to increase rewards for information leading to the disruption of such schemes. Additionally, it empowers officials to publicly attribute these fraudulent operations to North Korea and to address the use of emerging technologies like artificial identity in these efforts.

Maddy summaryThis resolution formally recognizes the 100th anniversary of the Golf Course Superintendents Association of America, honoring its century-long contribution to the golf industry. The bill does not change any laws or allocate funds; instead, it serves as a symbolic commendation for the organization's work in advancing greenkeeping standards, promoting environmental stewardship, and supporting education and workforce development. By acknowledging the association's role in managing golf courses and its impact on the economy and communities, the measure highlights the professional achievements of its members without imposing new regulatory requirements.

Maddy summaryThis bill designates the United States Postal Service facility at 4640 Cass Street in San Diego, California, as the Mary Wilding Memorial Post Office Building. It directly affects the specific postal location by changing its official name to honor Mary Wilding. The key provision ensures that all future legal documents, maps, and records referring to this building will use the new memorial name. This is a commemorative measure that updates official records rather than changing operational policies or funding.

Maddy summaryThis bill prohibits the United States from providing any voluntary or assessed funding to the United Nations Relief and Works Agency for Palestine Refugees in the Near East. The restriction applies directly to the U.S. government's financial contributions to the agency, effectively cutting off official U.S. support. However, the law allows for humanitarian aid to individuals who receive help from UNRWA if that aid is delivered through other organizations that do not promote violence, terrorism, or antisemitism. Ultimately, the legislation mandates a complete halt to direct U.S. funding for UNRWA while permitting indirect assistance under specific conditions.

Maddy summaryThis bill reauthorizes and expands the Accelerating Access to Critical Therapies for ALS Act through 2031, extending funding for research into treatments for amyotrophic lateral sclerosis. It requires drug manufacturers to share interim clinical trial data with the FDA to better assess the progress of investigational drugs and clarifies that phase 3 clinical trial definitions include combined phase 2/3 trials and planned trials not yet enrolling participants. The legislation also mandates the FDA to publish an updated five-year action plan for ALS and other rare neurodegenerative diseases, including resource needs and coordination strategies with broader disease communities. Additionally, the bill requires the Government Accountability Office to submit a report on the program's implementation four years after enactment.