Rep. Ritchie Torres

Maddy summaryThe Unleashing AI Innovation in Financial Services Act establishes "AI Innovation Labs" within major financial regulatory agencies to enable financial institutions to test AI-driven financial products and services with temporary regulatory flexibility. Financial institutions can apply for approval to operate AI test projects under alternative compliance strategies that must demonstrate public benefit, risk management, and consumer protection while avoiding systemic risks. Regulators must review applications within 120 days (extendable to 240 days), and approved projects operate under the alternative strategy for a defined period with annual reporting requirements. The bill creates a structured framework for innovation in financial services while maintaining oversight through defined application processes and regulatory reporting.

Maddy summaryThe Latonya Reeves Freedom Act of 2026 strengthens the Americans with Disabilities Act to ensure individuals with long-term service and support needs have a federally protected right to live in their communities rather than institutions. It requires states and insurance providers to offer community-based services that allow people to maintain independence, control their own care, and access affordable, integrated housing. The bill mandates that public entities and insurers create enforceable transition plans to move people out of institutions, conduct self-evaluations to identify barriers, and establish clear grievance procedures for resolving complaints. Enforcement is handled by the Department of Justice, which can investigate violations, while individuals may also file civil lawsuits to seek damages or court orders preventing institutionalization.

Maddy summaryThe Build Housing Affordably Act requires the Department of Housing and Urban Development to study how the Build America, Buy America Act affects affordable housing projects, including costs, delays, and the efficiency of the waiver process. The bill mandates that the department must complete this study and submit a report to Congress within 90 days. Until that report is delivered, the new material sourcing rules will be paused for 60 days, and any waiver requests submitted during that time must be decided within 90 days or automatically granted. This legislation directly impacts builders, developers, and contractors working on federally assisted housing projects by temporarily removing compliance requirements and setting strict timelines for administrative decisions.

Maddy summaryThe Campaign Event Contract Integrity Act prohibits individuals working for federal candidates, political parties, and related organizations from trading financial contracts based on election outcomes if they possess confidential campaign information. This law defines "political event contracts" as derivatives tied to election results and bans both the use of inside knowledge for trading and the sharing of such information to facilitate trades. To enforce these rules, the Commodity Futures Trading Commission will require trading platforms to monitor suspicious activity, verify trader affiliations, and report violations, with penalties including fines and trading bans for those who break the law. The legislation explicitly protects legitimate journalism, academic research, and trading conducted without access to nonpublic campaign data.

Maddy summaryThis resolution commemorates the 10th anniversary of the 2016 Pulse nightclub shooting in Orlando, Florida, which was an act of domestic terrorism. It formally honors the names of the victims and expresses condolences to their families while acknowledging the bravery of law enforcement and emergency responders who responded to the tragedy. The document also reaffirms support for the LGBTQ+ community and calls for continued efforts to improve gun safety and mental health legislation.

Maddy summaryThe PRIDE Act of 2026 expands the Office of Minority and Women Inclusion to include LGBTQI+ individuals and businesses. It amends existing financial and housing laws to require the office to consider gender identity and sexual orientation when enforcing regulations and supporting small businesses. The bill formally defines LGBTQI+ as lesbian, gay, bisexual, transgender, queer, or intersex and sets a standard where more than 50 percent of a business's ownership and profits must accrue to LGBTQI+ individuals to qualify as LGBTQI+-owned. This change directly affects the Department of the Treasury's oversight of financial institutions and the Small Business Administration's lending programs. By updating the legal definitions within the Dodd-Frank Act and related housing legislation, the bill ensures that federal support and compliance measures explicitly cover the LGBTQI+ community.

Maddy summaryThis resolution expresses support for designating June 5, 2026, as National Gun Violence Awareness Day and June 2026 as National Gun Violence Awareness Month. The bill calls on the public to wear orange on the designated day to honor victims and promote awareness of gun safety. It highlights statistics on gun-related deaths and injuries to underscore the need for community discussions on making neighborhoods safer.

Maddy summaryHR 7086 creates a federal grant program to help states improve charter schools' access to facilities. It provides competitive grants to state education agencies that submit detailed plans showing how they will increase charter schools' access to funding, public buildings, and adequate facilities - particularly in low-income and rural communities. States receiving grants must use federal funds (capped at 60% of costs) to support facility acquisition, leasing, renovation, or financing mechanisms, while ensuring these funds supplement - rather than replace - existing state resources. The bill directly affects charter schools and state education agencies, focusing on closing facility access gaps between charter schools and traditional public schools.

Maddy summaryThis resolution expresses support for designating May 2026 as Mental Health Awareness Month to highlight the importance of mental well-being and reduce stigma. It does not create new laws or allocate funding but serves as a formal statement acknowledging the rising rates of mental illness, suicide, and disparities in care across the United States. The text cites various statistics regarding anxiety, depression, and access to treatment to underscore the need for public awareness and continued efforts by medical and community organizations. Ultimately, the bill encourages citizens and institutions to use this month to promote mental health resources and support for individuals and families affected by mental illness.

Maddy summaryThis resolution formally recognizes the negative effects of menstrual stigma on women, girls, and other menstruating people and expresses support for designating May as National Menstrual Health Awareness Month. It highlights the importance of normalizing menstruation, improving access to products and sanitation facilities, and expanding education and clinical research on menstrual health conditions. The bill does not create new laws or funding but serves as a symbolic statement to promote awareness and gender equity regarding menstrual health.