Rep. Bryan Steil

Maddy summaryThe TABS Act of 2023 would rename the Consumer Financial Protection Bureau (CFPB) to the Consumer Financial Empowerment Agency (CFEA) throughout U.S. federal law. This bill would change the agency's name in the Consumer Financial Protection Act of 2010 and over 25 other federal statutes, including the Dodd-Frank Act and Truth in Lending Act. The bill does not alter the agency's responsibilities, authority, or budget structure - only its name. This is a procedural change affecting all federal documents, regulations, and references to the agency.

Maddy summaryThis bill requires the President to assess the inflation impact of major executive orders before issuing them. For any executive order projected to cost at least $1 billion annually in budget effects (excluding emergency relief, national security actions, or treaty implementation), the President must prepare a statement estimating its effect on inflation - whether it has no impact, quantifiable impact, or significant but undeterminable impact. Federal agencies must provide necessary data to support this assessment, and the President must submit an annual report to Congress detailing all such assessments. The bill does not change inflation policy but mandates a new procedural review for major executive actions.

Maddy summaryHR 1313, the Transparency in CFPB Cost-Benefit Analysis Act, requires the Consumer Financial Protection Bureau (CFPB) to include detailed cost-benefit analyses in all proposed financial regulations. The bill mandates that the CFPB explain the need for a regulation, assess costs and benefits for small businesses and the economy, evaluate alternatives, and justify decisions where benefits don't outweigh costs. It also requires consultation with the Small Business Administration if a rule increases costs for small businesses and a distribution analysis of burdens. This bill directly affects the CFPB's rulemaking process by increasing transparency in how financial regulations are developed.

Maddy summaryThis bill changes rules around subminimum wage employment for adults with disabilities. It lowers the age limit from 24 to 18+ for workers eligible for lower-than-minimum wage jobs, requires the individual's explicit choice to accept such employment, and adds documentation requirements for employers. Specifically, employers must show they tried to connect workers with state support services but were unsuccessful before using subminimum wage. These changes apply to employment starting March 13, 2020, directly affecting adults with disabilities working in qualifying positions. The bill aims to clarify and expand employment options under the Rehabilitation Act.

Maddy summaryHR 1229, the "Stop CRT Act," codifies Executive Order 13950 into law and restricts federal funding for entities teaching specific concepts about race. It prohibits federal grants to organizations that teach any of six specified ideas, including that race determines moral worth, the U.S. is fundamentally racist, or individuals bear responsibility for historical actions based on race. The bill directly affects schools, nonprofits, and other recipients of federal funds by banning support for educational content matching these prohibitions. Key provisions require federal agencies to deny funding to any entity advancing these concepts, making the executive order legally binding. This policy change alters how federal funds are distributed based on mandated educational content.

Maddy summaryThe SECURE Notarization Act of 2023 establishes federal standards for electronic and remote notarizations in interstate commerce, allowing notaries to verify identities and perform notarizations remotely using video communication. Key requirements include creating audio-visual recordings of remote notarizations, verifying identities through two distinct methods (or a credible witness), and retaining recordings for at least 5 years. The bill ensures federal courts and all states must recognize valid notarizations performed under these standards, regardless of whether the notarization was done electronically, remotely, or with a physical signature. It does not require notaries to use electronic methods and preserves state authority to enforce stricter rules, as long as they meet the minimum federal baseline.

Maddy summaryHRES 162 is a procedural resolution that allocates $15.3 million in funding for the Committee on House Administration during the 118th Congress. It specifies $7.4 million for expenses incurred in 2023-2024 and $7.9 million for 2024-2025, covering the committee's operational costs including staff salaries. Payments are made through vouchers approved by the committee chair, following rules set by the committee itself. This resolution directly affects the committee’s internal operations but does not create new laws or impact constituents.

Maddy summaryHR 1180, the "Billion Dollar Boondoggle Act of 2023," requires federal agencies managing large projects to publicly report on cost overruns and delays. It directly affects Executive agencies and independent regulatory agencies that fund projects exceeding $1 billion in cost overruns or being more than five years behind schedule. The bill mandates annual reports including project descriptions, original vs. current costs (adjusted for inflation), reasons for delays, contractor details, and any bonuses awarded. These reports must be submitted to the Office of Management and Budget and made available to the public. The law focuses on transparency around major federal projects without specifying policy changes to project management.

CBDC Anti-Surveillance State Act This bill limits the ability of the Federal Reserve to (1) provide direct services to individuals, and (2) use a central bank digital currency. A central bank digital currency is a digital currency (e.g., Bitcoin or Ether) issued by a government-backed central bank. Specifically, the bill prohibits the Federal Reserve and the Federal Open Market Committee from using any central bank digital currency to implement monetary policy. In addition, a Federal Reserve bank is prohibited from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency directly to an individual. The Federal Reserve must (1) consult with each Federal Reserve bank with respect to any central bank digital currency study or pilot program, and (2) issue quarterly reports on the findings and determinations of any such study or program.

Maddy summaryHJRES 33 is a symbolic congressional resolution acknowledging Vietnam War veterans' service and formally apologizing for their mistreatment upon returning home. It recognizes the sacrifice of over 58,000 service members killed and 300,000 wounded during the war, including veterans exposed to harmful herbicides like Agent Orange. The resolution urges the President to acknowledge this mistreatment as part of the Vietnam War Commemoration and issues a formal apology on behalf of the American people. It also calls for increased educational efforts in schools to highlight veterans' courage and the lack of support they faced after the war. (Note: This is a non-binding resolution, not a law, so it has no direct legal or financial impact.)