Excelsior!
Ever Upward!
Relating to a national emergency by the President on February 1, 2025.
Haiti Criminal Collusion Transparency Act of 2025
The bill strengthens U.S. ability to identify and rapidly target Haitian criminal and elite actors while protecting humanitarian aid, at the cost of higher compliance and economic impacts for businesses and Haiti, potential diplomatic and civil‑liberty risks for affected individuals, and temporary authorities that could disrupt services if not renewed.
Enhancing Multi-Class Share Disclosures Act
The bill increases transparency about voting power and standardized metrics to help investors and strengthen governance, at the cost of added compliance and proxy-preparation burdens for issuers and potential disclosure of sensitive ownership information.
Strengthening the Quad Act
The bill strengthens U.S. diplomatic, security, and economic coordination with Quad partners—improving crisis response and offering alternatives to predatory financing in the Indo‑Pacific—at the cost of higher federal spending, added administrative commitments, and the risk of geopolitical backlash and ethical challenges.
To establish a pilot program for the Secretary of Housing and Urban Development to evaluate the effectiveness of insuring mortgages made to finance improvements to convert basement spaces into safely habitable dwelling units, and for other purposes.
BIS Licensing Efficiency Act of 2026
The bill increases speed, predictability, and transparency of export licensing—benefiting exporters and enabling stronger oversight—but does so at the cost of added administrative burdens and with risks that pressure to meet deadlines or disclose granular data could weaken scrutiny or reveal sensitive information, potentially harming national security and imposing new costs on agencies and businesses.
End Russian Oil Windfalls Act
The bill increases economic and political pressure on Russia and boosts congressional oversight and human-rights transparency, at the cost of higher compliance and market disruption risks for U.S. businesses and consumers, greater administrative/reporting burdens, potential exposure of sensitive intelligence, and expanded executive sanction authority.
RESTRICT Act
The bill trades stronger national security and clearer export controls on advanced chips for reduced market access, higher compliance costs, and short-to-medium-term supply‑chain uncertainty for American firms and workers.
Stop Illegal Fishing Act
The bill increases U.S. tools to punish and deter illegal, unreported, and unregulated fishing—boosting protection for fish stocks, U.S. fishers, and maritime security—but at the cost of compliance and enforcement expenses, potential harm to some coastal communities and supply chains, and the risk of diplomatic friction.
Mortgage Insurance Freedom Act
The bill reduces monthly housing costs for future eligible FHA borrowers by canceling annual mortgage insurance at 78% LTV, but it risks weakening the FHA insurance fund (potentially leading to resumed premiums or taxpayer costs) and excludes existing borrowers from relief.