Maddy summaryThis bill, titled the Failed Bank Executives Clawback Act, would give the Federal Deposit Insurance Corporation and federal regulators the authority to recover compensation from executives and other high-level personnel at banks that have failed. It directly affects directors, officers, controlling stockholders, and other individuals found primarily responsible for a bank's failure at institutions with over $10 billion in assets. The law would require these individuals to return bonuses, stock awards, and other compensation received in the three years before the bank's insolvency or resolution, with recovered funds going into the Deposit Insurance Fund. Additionally, the bill clarifies the Corporation's authority to take over certain financial companies regardless of how the takeover process was initiated.
Sponsored bills
Living Donor Protection Act of 2025 This bill prohibits life insurance, disability insurance, and long-term insurance carriers from denying or otherwise restricting coverage for living organ donors. Specifically, carriers may not deny, cancel, vary premiums, or otherwise impose conditions on policies based on an individual's status as a living organ donor. The bill also expressly specifies that recovery from organ-donation surgery constitutes a serious health condition that entitles eligible employees to job-protected medical leave. In addition, the Department of Health and Human Services must update educational materials on living organ donation to include information about the benefits and risks of living organ donation and the impact of donation on insurance access, particularly with respect to the bill's changes.
Maddy summary# Summary of the Water Rights Settlement Act This is a comprehensive U.S. federal law establishing a settlement agreement regarding water rights for the Navajo Nation, Hopi Tribe, and San Juan Southern Paiute Tribe. The key elements include: 1. **Water Delivery System**: Establishes the "iiná bá - paa tuwaqat'si pipeline" (a water delivery system) to provide municipal water to the tribes, with specific provisions for design, construction, and operation. 2. **Water Rights Settlement**: Creates a comprehensive settlement of water rights claims that: - Replaces and satisfies all claims of the tribes against the United States - Provides specific water entitlements (including Navajo Nation Cibola Water, Navajo Nation Fourth Priority Water, Hopi Tribe Cibola Water, and Upper Basin water) - Establishes detailed accounting rules for different types of water under the Colorado River Compact 3. **Enforceability Requirements**: Sets a deadline (June 30, 2035) by which the settlement must be fully implemented, with specific conditions that must be met for the settlement to become effective. 4. **San Juan Southern Paiute Reservation**: Creates the San Juan Southern Paiute Reservation on approximately 5,400 acres within the Navajo Indian Reservation, with provisions for boundary surveys, legal descriptions, and jurisdiction. 5. **Sovereign Immunity Waiver**: Provides limited waivers of sovereign immunity for the tribes in specific legal proceedings related to the settlement. 6. **Water Accounting Rules**: Establishes specific accounting rules for different types of water deliveries (Upper Basin vs. Lower Basin) that affect how water is counted under the Colorado River Compact. 7. **Unique Circumstances**: Acknowledges that the water transfers and diversions authorized under this act address "critical Tribal and non-Indian water supply needs under unique circumstances," including the Navajo Nation's location in both the Upper and Lower Basins of the Colorado River. The law also includes provisions to preserve existing water rights, prevent the law from establishing precedents for other tribes' water rights, and ensure that environmental laws remain enforceable.
Maddy summaryThis bill requires the Department of Veterans Affairs to establish at least five centers of excellence focused on innovative therapies for treating veterans with specific conditions like PTSD, depression, and chronic pain. The VA Secretary must select facilities based on competitive peer reviews that evaluate scientific merit, research capabilities, and partnerships with medical schools for training. Each center must include an advisory committee with veteran representatives and develop a national data repository to track treatment outcomes. The legislation authorizes $30 million annually for research and education activities at these centers while ensuring geographic distribution across the country.
Maddy summaryThis bill, titled the Family Grocery and Farmer Relief Act, aims to increase competition in the U.S. meatpacking industry by requiring the Federal Trade Commission to break up large companies that control multiple types of meat processing. It prohibits major meatpacking firms from operating in more than one protein line (beef, pork, or poultry) and mandates divestiture of assets for companies that exceed market concentration thresholds. The legislation also targets foreign-owned meatpacking companies by requiring them to divest U.S. operations and includes provisions to prevent vertical consolidation between packers and feedlots. Additionally, the bill directs the FTC to use existing authority to address unfair pricing practices and authorizes funding for farmers' cooperatives and small businesses to acquire divested meatpacking facilities.
Maddy summaryThe Safe Access to Cash Act of 2026 creates new federal criminal penalties for crimes targeting ATMs and people using or servicing them. It makes it a crime to use force, violence, or intimidation to rob, extort, or assault ATM users, servicers, or those delivering cash to ATMs, with penalties up to 25 years for violent acts or killings. The law also sets higher penalties for breaking into ATMs to steal over $1,000 (up to 10 years) versus lesser thefts (up to 1 year), and defines "ATM" broadly to include all network-connected machines owned by banks or credit unions. It updates existing bank robbery law to include "conspires to take" and clarify that "force or violence" applies to such offenses.
This joint resolution directs the President to remove U.S. Armed Forces from hostilities within or against Iran unless a declaration of war or authorization to use military force for such purpose has been enacted. The resolution specifies that it shall not be construed to prevent the United States from defending against an attack on the United States or its personnel or facilities in other nations.
Maddy summaryThis bill, known as the DISCLOSE Act of 2026, strengthens campaign finance transparency by requiring corporations, labor organizations, Super PACs, and other entities to disclose more information about their spending and funding sources. It closes loopholes that allow foreign nationals to contribute to U.S. elections by expanding disclosure requirements and prohibiting foreign money in ballot initiatives and referenda. The legislation also mandates that certain advertisements include lists of top funders and requires reporting of spending related to federal judicial nominations. Additionally, it streamlines administrative processes for challenging campaign finance laws and ensures coordination between the Federal Election Commission and financial authorities to enforce these rules.
Maddy summaryThis bill, known as the Highway Formula Fairness Act, changes how the federal government distributes highway funding to states starting in fiscal year 2027. Instead of using current population or other metrics, the new formula bases each state's share on the amount of highway funding it received in 2012, relative to the total given to all states that year. The bill also includes a floor provision ensuring no state receives less than 95% of what its share would be based on its proportion of highway user tax payments to the federal Highway Trust Fund. These changes directly affect how billions of dollars in federal highway, safety, and infrastructure funds are allocated to state transportation departments.
Maddy summaryThis bill would transition Puerto Rico from its current nutrition assistance block grant system to the federal Supplemental Nutrition Assistance Program (SNAP), aligning it with how other U.S. states receive food aid. The legislation requires Puerto Rico to submit an operational plan within 180 days, with the Department of Agriculture providing technical assistance and approval or feedback on the plan. During a five-year transition period, Puerto Rico would continue receiving consolidated block grant funds while gradually shifting to SNAP, with annual reports tracking funding adjustments needed for the change. Once the transition is complete, Puerto Rico would be formally recognized as a state for SNAP purposes and would receive funding based on the same cost-of-living adjustments applied to other states.