Rep. Young Kim

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.

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.

Maddy summaryThe STRATA Act of 2026 establishes a new program within the Department of State to foster international partnerships focused on advancing critical minerals technologies, aiming to strengthen U.S. supply chains and national security. This initiative allows the Secretary of State to form alliances with allied and partner nations, universities, and private companies while explicitly prohibiting collaborations with designated countries of concern such as China and Russia. Key provisions include the creation of International Centers of Excellence for research and training, the development of a digital platform to connect stakeholders with funding opportunities, and the establishment of clear guidelines for intellectual property and data security within these partnerships. The program authorizes the use of specific funding sources to support joint projects in extraction, recycling, and manufacturing, with a requirement that all activities conclude within ten years of the bill's enactment.

Maddy summaryThe Main Street Capital Access Act reduces regulatory burdens for smaller banks, particularly those with less than $10 billion in assets. Key provisions include a 3-year phase-in period for new banks to meet capital requirements, lower leverage ratio requirements for rural banks (7.5% for the first 2 years), and a 30-day review process for business plan deviations. The bill also establishes an Office of Independent Examination Review, sets specific timelines for examinations (270 days) and reports (90 days), and creates a "least cost exception" for bank resolutions to prevent excessive concentration of the banking system. These changes aim to promote new bank formation, improve regulatory efficiency, and support community banking while maintaining financial stability.

Maddy summaryThe Geo POWER Act creates a new milestone-based financing program to support geothermal energy projects in areas with limited or no existing geothermal power generation, including regions near Indian lands. This program awards funding based on the achievement of specific technical and financial milestones rather than upfront capital, aiming to reduce risks for future projects. The initiative prioritizes projects that generate public data to characterize new geothermal resources and require a minimum electricity generation capacity of 30 megawatts. The Department of Energy must award financing to at least three different proposals across three different states, ensuring geographic diversity in project selection.

Maddy summaryThe Whale CHARTS Act of 2026 establishes a program to protect migratory whales and other large cetaceans through improved mapping, monitoring, and mitigation measures. It requires the creation of detailed, high-resolution maps of whale habitats, including calving grounds and migration routes, which will be integrated into vessel navigation systems to prevent collisions. The bill authorizes $8 million annually through 2030 for mapping, surveys, and a $10 million grant program to fund new detection technologies that reduce harmful interactions between whales and ocean users. It also mandates regular reporting to Congress on the program's effectiveness and progress in filling knowledge gaps about whale habitats.