Sen. Kevin Cramer

Maddy summaryThis bill amends the Bank Holding Company Act to require a minimum 15-year holding period for merchant banking investments. Banks would need to hold these investments - where they make equity stakes in non-financial companies - for at least 15 years before selling, applying to both new investments and existing ones held on the bill's enactment date. The change directly affects banks engaged in merchant banking activities by altering the regulatory timeframe for holding such investments. It modifies specific provisions of the Bank Holding Company Act without creating new programs or altering eligibility.

Maddy summaryThis bill prohibits noncitizens from voting in all District of Columbia elections, including local elections for public office and ballot initiatives. It directly affects noncitizen residents of Washington D.C. who previously could vote under the repealed 2022 law. The bill repeals the Local Resident Voting Rights Amendment Act of 2022, restoring the prior rule that limited voting in D.C. elections to U.S. citizens. This change would require noncitizen D.C. residents to obtain citizenship to vote in local elections.

Maddy summaryThe NCUA Central Liquidity Facility Enhancements Act (S 2545) changes eligibility rules for credit unions to serve as agent members of the National Credit Union Administration's Central Liquidity Facility (CLF). It replaces a requirement that all eligible credit unions must be included with a provision allowing the NCUA Board to determine membership in its discretion. This gives the Board flexibility to set criteria for which credit unions can access the CLF's liquidity support. The bill directly affects credit unions seeking CLF participation, as the NCUA now controls membership decisions.

Maddy summaryThis bill amends a Department of Veterans Affairs transportation grant program to improve healthcare access for rural veterans. It expands eligibility to include tribal organizations and Native Hawaiian organizations, and increases grant amounts (up to $50,000, with a potential 50% increase for counties with five or more off-road communities) to cover transportation costs. The changes apply to grants for rural veterans needing transportation to healthcare services, particularly in areas with limited road access. Funding is adjusted from fixed annual amounts to "such sums as may be necessary" for fiscal years 2025-2029.

Maddy summaryThis is a ceremonial Senate resolution designating July 26, 2025, as "National Day of the American Cowboy." It symbolically recognizes the cultural significance of cowboys and cowgirls, their values (like integrity and work ethic), economic contributions through ranching, and their role in American traditions like rodeo. The resolution encourages the public to observe the day with ceremonies but does not create new laws or affect specific groups or policies.

Maddy summaryThe Protecting Access to Credit for Small Businesses Act prohibits the Small Business Administration (SBA) from making direct loans under the 7(a) program for new applications. This means the SBA will no longer provide direct funding to small businesses through this specific channel, though it will continue servicing existing direct 7(a) loans approved before the bill's enactment. The bill does not affect the SBA’s standard role in guaranteeing loans made by banks under the 7(a) program, which remains the primary method for small business lending. As a result, small businesses seeking 7(a) loans after the bill takes effect must work with participating banks rather than the SBA directly.

Maddy summaryS 2428, the STUDENT Act, amends the federal charter of the National Education Association (NEA) to restrict its political activities and membership practices. It requires NEA members (public school teachers) to explicitly consent to dues payments (banning payroll deductions), prohibits the NEA from engaging in political lobbying or supporting candidates, and bans advocacy of specific concepts like critical race theory or antisemitic beliefs. The bill also mandates annual reporting to Congress and prohibits strikes by NEA-affiliated staff in public schools. These provisions directly affect the NEA’s operations and its members’ financial and political engagement.

Maddy summaryThis bill expands Medicare Part B coverage to include specific pharmacist services, directly affecting Medicare beneficiaries and pharmacists who provide these services. It defines "pharmacist services" as evaluations and treatments for illnesses like COVID-19, flu, RSV, or strep throat, or services addressing public health emergencies, requiring collaboration with physicians as state law permits. Medicare would pay 80% of the lower of the actual charge or 85% of the physician payment rate (100% for public health emergencies), and prohibits balance billing for these services. The changes take effect January 1, 2026.

Maddy summaryThis bill amends two existing banking regulations by increasing a numerical threshold from 15 to 20 in two specific sections: the Revised Statutes (12 U.S.C. 24) and the Federal Reserve Act (12 U.S.C. 338a). It makes a technical adjustment to banking rules without creating new programs or directly affecting citizens, businesses, or government programs. The change modifies how certain financial provisions are calculated under current law but does not alter the underlying policy or impact any specific groups. As a procedural amendment to existing statutes, it has no direct public-facing effect.

Maddy summaryThis bill establishes a National Rural Export Center and up to nine regional centers within the Commerce Department's Commercial Service to help rural U.S. businesses export products. It directly affects rural businesses facing higher barriers to international markets due to their location, by providing them with customized market research, strategic planning, and export support services. Key provisions require the centers to offer business- and product-specific assistance based on high-quality data, track metrics like the number of businesses served and export value facilitated, and maintain public websites with resources. The centers will operate under the National Center’s guidance, using existing Commercial Service resources without creating new funding.