Track bills, resolutions, and amendments moving through Congress
Federal Reserve Board Abolition Act
The bill aims to liquidate the Federal Reserve and transfer its assets/liabilities to Treasury—potentially raising one‑time receipts and centralizing benefit payments—at the cost of removing an independent central bank, increasing market and policy risks, and exposing taxpayers and Fed employees to financial and benefit uncertainties.
Federal Reserve Board Abolition Act
The bill would liquidate the Federal Reserve to return proceeds to the Treasury and increase oversight of the wind‑down, but doing so risks severe disruption to monetary stability, market losses, concentrated power in the Treasury, and added taxpayer obligations while displacing Fed employees.
Where bills are in the process right now
Homeland Security and Further Additional Continuing Appropriations Act, 2026
The bill increases congressional oversight, transparency, and certain worker protections and operational supports, but does so by adding new verification rules, reporting requirements, spending restrictions, and procedural constraints that could raise costs, slow agency responsiveness, concentrate appropriations interpretation, and risk disenfranchising vulnerable voters.
To provide for reconciliation pursuant to title II of H. Con. Res. 14.
This package delivers sizable tax relief, defense/industrial and targeted domestic investments while tightening immigration and benefit rules and expanding fossil fuel development — producing near‑term financial and program gains for many Americans at the cost of higher federal spending, greater compliance burdens, and increased risks to climate, coverage, and immigrant access.
Nebraska senator
Major Non-NATO Ally Terror Threat Assessment Act
The bill supplies Congress and national security planners with classified, technology‑focused threat reporting that can improve oversight and preparedness, at the cost of reduced public transparency, potential politicization of sensitive information, and possible increases in DHS-related spending.
ELO Realignment and Strategic Engagement Reform Act of 2026
The bill centralizes and streamlines DHS engagement with local partners to improve coordination, continuity, and congressional oversight, but it reduces short-term DHS flexibility, risks workforce and partnership disruption, and concentrates access to intelligence systems raising privacy and oversight concerns.
Alabama senator
New York representative