Author: MIL-OSI Publisher

Source: United States House of Representatives – Congressman Adriano Espaillat (NY-13)

Espaillat to Hold Press Conference on Trump Administration Threats to NYC Infrastructure 

Source: United States House of Representatives – Representative Pete Aguilar (31 CD Ca)

The funding will allow West Valley Water District to upgrade its nearly forty-year-old infrastructure, ensuring it can meet growing demand and safeguard the water supply

RIALTO, CA – Today, Rep. Pete Aguilar (CA-33) announced that he secured $1,092,000 in community project funding for West Valley Water District’s (WVWD) Cybersecurity and Water Reliability Project. This grant funding will strengthen the Inland Empire’s water reliability and cybersecurity by upgrading its Supervisory Control and Data Acquisition (SCADA) system, which controls the operations of wells, pumping stations and treatment facilities. 
Upgrading to a modern SCADA system will address physical and cyber vulnerabilities, streamline operations and ensure the reliability and quality of WVWD’s water service. You can watch the full video of the press conference here and find photos from the event above and here.
“As our region grows, it’s essential that our water infrastructure can keep up with people’s needs,” said Rep. Pete Aguilar. “That’s why I’m excited to announce that I secured more than $1 million in funding to help upgrade West Valley Water District’s Supervisory Control and Data Acquisition system. This project will modernize the system to prepare it for 21st-century challenges, including addressing cyber vulnerabilities and guarding against potential attacks. By proactively upgrading our water infrastructure, we can ensure that people in the Inland Empire will have reliable access to clean and safe water for years to come. I will keep working in Congress to deliver investments in our community that help make the Inland Empire the best place to call home.”
“Upgrading our SCADA system protects our water supply from cyber threats and strengthens system reliability,” said President Kelvin Moore, West Valley Water District. “Thanks to the leadership of Congressman Aguilar and our Board, we’re modernizing essential infrastructure responsibly and affordably. These improvements increase efficiency, reduce service disruptions, and ensure a dependable water system that will serve our community well into the future.”
In January 2026, Rep. Aguilar helped pass the Commerce, Justice, Science, Energy and Water Development, and Interior and Environment Appropriations Act of 2026, which included $7.4 million in federal community project funding grants for seven projects in California’s 33rd Congressional District.

Source: United States House of Representatives – Representative Pete Aguilar (31 CD Ca)

By proactively replacing outdated infrastructure, the project will help maintain a reliable water supply to support public safety, economic growth and Californians’ well-being 

RANCHO CUCAMONGA, CA – Today, Rep. Pete Aguilar (CA-33) announced that he secured $1,092,000 in community project funding for Cucamonga Valley Water District’s (CVWD) Baseline Waterline Improvement Project. This grant funding will strengthen the resilience and dependability of the Inland Empire’s clean water infrastructure by allowing CVWD to replace 3,800 linear feet of 12-inch waterline along Baseline Road, spanning from Deer Creek Channel to Milliken Avenue. 
The new waterline will directly benefit more than 100,000 people in California’s 33rd Congressional District by providing a more resilient and dependable water distribution system to ensure the delivery of clean water to residents and businesses. You can watch the full video of the press conference here and find photos from the event above and here.
“Access to clean, reliable water is crucial for the well-being and quality of life of every Californian,” said Rep. Pete Aguilar. “That’s why I am proud to deliver more than $1 million for Cucamonga Valley Water District’s Baseline Waterline Improvement Project. Our homes, schools, businesses and hospitals rely on our water supply to function and support daily life. That’s why water infrastructure upgrade projects like this one are such important investments for our community. By proactively modernizing this infrastructure, we’re preventing future water distribution issues that could put people’s health and safety at risk. I’ll keep fighting to deliver resources that help ensure the health of our neighbors in the Inland Empire for years to come.”
“We appreciate Congressman Aguilar’s partnership and support for this important infrastructure project,” said President Randall Reed, Cucamonga Valley Water District. “This federal investment allows us to address aging waterlines in a proactive and fiscally responsible way while reducing costs for our ratepayers.” 
“This project is about reliability and resilience for the community we serve,” said Vice President Jim Curatalo, Cucamonga Valley Water District. “By proactively replacing aging infrastructure, we’re protecting public safety and ensuring dependable water service for generations to come.”
In January 2026, Rep. Aguilar helped pass the Commerce, Justice, Science, Energy and Water Development, and Interior and Environment Appropriations Act of 2026, which included $7.4 million in federal community project funding grants for seven projects in California’s 33rd Congressional District. 

Source: United States House of Representatives – Congressman Jim Costa Representing 16th District of California

WASHINGTON — Today, Congressman Jim Costa (CA-21) and Congressman Brad Finstad (MN-01) announced the launch of the bipartisan Congressional Soils Caucus for the 119th Congress.  
“As a third-generation Central Valley farmer, I’ve seen firsthand how the health of our fields and the vitality of our soils shape the future of our farms, our water supplies, and our rural communities. Healthy soil is the foundation upon which productive agriculture and resilient landscapes depend. I’m proud to join Congressman Finstad in launching the bipartisan Congressional Soils Caucus to elevate soil health science, support voluntary conservation, and invest in practices that strengthen our food systems while safeguarding the environment for the next generation. Advancing these priorities — from strong farm policy to responsible stewardship — remains vital to farmers and families across the country,” said Rep. Costa.  
“I know firsthand that farmers are the best caretakers of the land because our livelihood depends on it. The soil under our feet is our nation’s most valuable resource; it grows the food we eat, the fiber we wear, and the fuel that runs our vehicles. I’m proud to help establish the bipartisan Congressional Soils Caucus, bringing together Members from across the aisle to promote the importance of soil health and soil health science. I look forward to working with my colleagues to advance policies that strengthen farmers’ ability to maximize yields, reduce input costs, and protect their land, ensuring they can pass their greatest asset down to the next generation,” said Rep. Finstad.
“Soils are not just an environmental issue, they’re an economic one,” said Jim Cudahy, CEO of the Soil Science Society of America and the American Society of Agronomy and the Crop Science Society of America. “Devoting attention, resources, and energy to our national soils is vital. We applaud the relaunch of the Congressional Soils Caucus to provide genuine leadership to a resource that we cannot take for granted. This is the epitome of what can and should be a bipartisan effort, to showcase research, support and accelerate innovation, and ensure that our producers have access to the tools and technical assistance that will deliver higher yields, strengthen farm viability, stabilize food costs, and keep U.S. agriculture competitive on a global basis.”
Congressional Soils Caucus Key Objectives:

Advance bipartisan leadership on soil health as the foundation for productive agriculture, clean water, and resilient landscapes.
Elevate soil health science and stewardship, recognizing soils as a vital, non-renewable natural resource essential to food, fuel, feed, and fiber production.
Support farmer-led, locally driven conservation, emphasizing voluntary, science-based practices tailored to regional soils and cropping systems.
Strengthen farmer economic stability by promoting soil health practices that improve yields, reduce input costs, and enhance long-term profitability.
Protect and enhance natural resources, including water quality, wildlife habitat, and soil carbon, while keeping working lands productive.
Increase awareness and education through bipartisan briefings and stakeholder engagement on emerging soil-related challenges and opportunities.
Promote resilience to natural disasters and climate extremes, including droughts, floods, and wildfires, through improved soil management.
Preserve agricultural land for future generations by ensuring farmers can protect and pass down their most valuable asset—their soil.

First Congressional Soils Caucus Event

The Congressional Soils Caucus will host its inaugural Capitol Hill briefing on Wednesday, February 25, 2026, from 4:00–6:00 p.m.
The event will feature interactive, hands-on demonstrations designed to introduce congressional staff to the importance of soil health and soil science.
Experts from across the country will connect soil health to key policy priorities, including water quality, PFAS, human health, and agricultural resilience.
The briefing will serve as the first official event of the bipartisan Congressional Soils Caucus, launching ongoing education and engagement on soil health issues. 

Source: United States House of Representatives – Congressman Earl L Buddy Carter (GA-01)

Headline: Carter introduces bill incentivizing domestic production to alleviate drug shortages

WASHINGTON, D.C. – Rep. Earl L. “Buddy” Carter (R-GA) introduced the Growing America’s Pharmaceutical Supply Act, a bill that will alleviate drug shortages by giving outsourcing facilities the certainty necessary to invest in producing these medications. 

Currently, when a drug is listed on the Food and Drug Administration’s (FDA) drug shortage list, 503B outsourcing facilities are statutorily permitted to prepare compounded versions from bulk drug substances, also known as APIs. A drug may appear on this list for as little as one day or more than a year, making it a risky investment for outsourcing facilities to develop a drug that may be taken off the list, with no notice, before it reaches patients. 

The Growing America’s Pharmaceutical Supply Act will address this issue by guaranteeing 503B outsourcing facilities 180 days, from the time a drug is listed on the FDA shortage list, to dispense the listed medication. 

“There are more than 200 drugs actively in shortage in the United States, putting patients, public health, and national security at risk. 503B facilities are able to get these drugs to market quickly but must have the certainty needed to ensure their investment is worthwhile. By establishing a timeline for these facilities to dispense necessary medications, we will increase domestic drug development and help patients get the care they need when they need it,” said Rep. Carter. 

The bill boasts strong support from hospital, patient, and pharmacy communities. 

“The Children’s Hospital Association is proud to support the Growing America’s Pharmaceutical Supply Act to help address critical drug shortages for children. The 503b program, which this legislation supports, is a vital piece of this puzzle. Recently, 503b manufacturers supported the production of pediatric chemotherapy medication during a shortage and helped alleviate a pediatric albuterol shortage during a respiratory illness surge,” said Terri Lyle Wilson, Children’s Hospital Association’s Vice President of Pharmacy. “This legislation will incentivize scaled-up production to ease drug shortages, ensuring 503b manufacturers can afford the research and investment necessary to produce medication efficiently during a shortage. We appreciate Representative Carter’s leadership and look forward to continued collaboration for children’s health care.”

“OFA member facilities have worked with hospitals and physicians to provide them with gap supply on medicines in shortage ranging from life-sustaining nutrients for preterm infants, to liquid albuterol, even to lifesaving drugs for COVID patients during the pandemic. But as they strive to help, facilities have also faced challenges and risk in managing the uncertainty inherent in drug shortages. Congressman Carter’s legislation will enable more 503B facilities to mitigate more shortages, all with American-made medicines subject to rigorous FDA manufacturing standards. We applaud his commitment to ensuring that hospitals, doctors and their patients receive the treatments they need,” said Lee Rosebush, Chairman of the Outsourcing Facilities Association (OFA). 

“ASHP supports the GAP Supply Act, which provides 503B outsourcing facilities greater certainty needed to invest in compounding of products on FDA’s drug shortage list. This is an important policy solution to ensure patients have access to critical medications at risk of shortage,” said Tom Kraus, Vice President of ASHP Government Relations.

Read the full bill text here.

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Source: United States House of Representatives – Congresswoman Sharice Davids (KS-3)

OVERLAND PARK, KS – Today, Representative Sharice Davids hosted a roundtable discussion with Johnson County small business owners and economic development leaders to talk about the successes and challenges facing local businesses and to highlight new data on the region’s growing small business ecosystem. She has hosted similar discussions in each of the other counties across Kansas’ Third District to ensure local perspectives are shaping her work in Congress.

“Small businesses are the backbone of our economy — and here in Kansas, they’re driving real growth,” said Davids. “We’re seeing more entrepreneurs step up, more new businesses open their doors, and more jobs created right here at home. But at the same time, these businesses are facing challenges, like reckless tariffs that are raising their costs and forcing tough decisions. My job is to make sure Washington is working for them — lowering costs, strengthening supply chains, and ensuring they have the tools they need to succeed.”

Davids previously released an updated report on the state of Kansas’ small business ecosystem. The report, which builds on her initial 2022 analysis, outlines recent growth trends and details the steps she is taking in Congress to support entrepreneurs — including voting to strengthen domestic supply chains and introducing legislation to support underrepresented business owners, including women, veterans, and Native Americans.

Key findings from the report include:

• In 2023, 10,704 new business applications were filed in Kansas’ Third District — up 12.6 percent since 2022 and 42.7 percent since 2019.
• Out of Kansas’ 33,268 new small business applications in 2023, Johnson County led the state with 8,272 new applications.
• The Kansas Small Business Development Center (SBDC) served 1,399 clients in 2023, leading to $94 million in annual sales, 4,714 jobs created, and 52 new businesses.
• In 2023, Kansas’ Third District had 16,374 small businesses employing 169,254 people — accounting for 92.4 percent of all employers in the district.

During her time in Congress, Davids has worked across the aisle to support small businesses. As a former member of the House Small Business Committee, she pushed back against reckless tariffs that raise costs for small business owners, called for strong oversight of pandemic relief programs to prevent fraud, and focused on strengthening domestic supply chains to support small- and medium-sized manufacturers. She has also prioritized efforts to reduce excessive paperwork for small businesses and support individual workers, including veterans, women, and people in recovery.

Participants in the roundtable included representatives from:

• 030 Holding Company
• Abovo LLC 
• Engage Insurance Group
• Hope Roots Collective
• Johnson County Community College
• Kansas City Women’s Business Center
• Kansas Small Business Development Center
• Landworks Studio
• Learning Tree Toys
• Navitas
• Poole Fire Protection
• Ralph F. Munyan Attorney at Law, LLC
• Springboard Creative
• Sweet Tee’s Coffee Shop

Davids emphasized that continued collaboration between federal, state, and local partners is critical to adequately support Kansas’ small businesses.

Source: United States House of Representatives – Congressman Steve Cohen (TN-09)

MEMPHIS – Congressman Steve Cohen (TN-9), who has boycotted previous State of the Union and inaugural addresses by President Trump, will again avoid the speech scheduled for Tuesday evening. He will instead attend the People’s State of the Union organized by the progressive advocacy group MoveOn and the media company MeidasTouch.

Congressman Cohen made the following statement:

“I have not attended Trump State of the Unions in the past and there’s even less reason to attend this year. What would I hear if I did – more defense of ICE immigration crackdowns and border patrol lawlessness? More justification for tearing down the iconic East Wing of the White House for an unneeded vanity ballroom and for slapping his name on the Institute of Peace and the Kennedy Center? More excuses for pardoning fraudsters, January 6 felons, political whores and Trump’s sports heroes? False claims of bringing down the cost of utilities and the affordability of groceries? Fantasies of creating a new health care program?  I don’t need to hear the lies and predicable banality from this offensive and out-of-touch president.”

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Source: United States House of Representatives – Congresswoman Nancy Pelosi Representing the 12th District of California

Washington, D.C. – Speaker Emerita Nancy Pelosi announced that more than $12 million in federal funding is headed to San Francisco to support critical community, public safety, transportation, housing, workforce and environmental projects across the city. These investments were secured through Fiscal Year 2026 Community Project Funding and were included in the government funding package signed into law.

“The new federal funding designated for community-driven projects across San Francisco is great news for our city,” said Speaker Emerita Nancy Pelosi. “I was proud to secure these investments which underscore the Democrats’ commitment to fighting for working families, even in a Republican Majority. From strengthening public safety and homelessness services to expanding workforce training, supporting veterans, advancing scientific research, and improving transit accessibility, this funding will deliver real results for San Franciscans.”

Full list below of San Francisco community projects receiving funding for FY26:

• University of California, San Francisco (UCSF) – $1,031,000 for High-Performance Computing Core Expansion supporting advanced GPU and artificial intelligence research
• Bayview Hunters Point Multipurpose Senior Services, Inc. – $900,000 for Senior Ex-Offender Program Community and Rehabilitation Center Expansion
• Point Blue Conservation Science – $1,031,000 to upgrade critical water, power, and access infrastructure on the Farallon Islands
• San Francisco Police Department – $1,031,000 for 17 new patrol vehicles to strengthen public safety and emergency response
• San Francisco Department of Homelessness and Supportive Housing – $2,000,000 for Jerrold Commons capital improvements, including permanent restrooms, showers, cabins, and site infrastructure
• San Francisco Municipal Transportation Agency (SFMTA) – $1,200,000 to improve lighting infrastructure at 10–15 transit stops serving underserved communities
• San Francisco Recreation and Park Department – $850,000 for the Blue Heron Boat House Project at Golden Gate Park
• San Francisco Office of Economic and Workforce Development – $850,000 for the CityBuild Center Pre-Apprenticeship Training Center Expansion
• San Francisco Network Ministries Housing Corporation – $850,000 to renovate supportive housing for survivors of sex trafficking and their children
• Self-Help for the Elderly – $850,000 to replace aging vehicles under the Safe Passage transportation program
• Code Tenderloin, Inc. – $500,000 for a Workforce and Wellness Hub serving unhoused and underserved residents
• Treasure Island Development Authority / Office of Economic and Workforce Development – $250,000 for environmental analysis and modernization planning of the Treasure Island Job Corps site
• Swords to Plowshares – $250,000 for Home for Good: Aging in Place for High-Acuity Veterans
• City and County of San Francisco – $250,000 to build a new community gathering space for low-income seniors in Chinatown
• San Francisco Bay Area Rapid Transit District (BART) – $250,000 for emergency lighting upgrades at six BART stations

“The funding Speaker Emerita Pelosi has secured for San Francisco in Washington will help us build more housing, keep our neighborhoods safe, and support our community programs,” said San Francisco Mayor Daniel Lurie. “Thank you to the Speaker Emerita for her tireless work to support our city and deliver for San Franciscans.”

“With the support of Speaker Emerita Pelosi, San Francisco will continue to lead on sustainability and prioritize our community by investing in housing for all San Franciscans, workforce development, and vibrant neighborhoods,” said Anne Taupier, Executive Director of the Office of Economic and Workforce Development. “These two funding allocations bring Treasure Island one step closer to realizing a sustainable, 21st-century neighborhood, while enabling CityBuild to deepen its investment in resident job training, expand our workforce pipeline, and support essential jobs and programs. We are grateful to Speaker Emerita Pelosi for her continued support of these critical projects.”

“This funding allows CityBuild to significantly expand its training capacity by providing over 100 additional residents with industry-leading hands-on instruction per year,” said Iowayna Peña, Director of Workforce Development. “From iconic landmarks to essential housing and infrastructure, the CityBuild Community Project in partnership with community organizations and labor, will enable us to train more San Francisco residents in careers that build and shape San Francisco.”

“We are deeply grateful to the office of Speaker Emerita Nancy Pelosi for their investment in Bridge Housing and their continued commitment to the women and children of San Francisco,” said Toni Eby, MSW, CEO, San Francisco SafeHouse. “This funding represents more than bricks and mortar, it creates a critical bridge to safety, stability, and healing for survivors who need time, dignity, and support to rebuild their lives. Because of this partnership, more families will have a safe place to land and a real pathway forward.”

“Federal support for our Workforce and Wellness Hub will help Code Tenderloin expand life-changing services, connecting unhoused and underserved San Franciscans to job training, digital skills, and health-focused resources that create real pathways to stability and employment,” said Donna Hilliard, Executive Director of Code Tenderloin. “This federal funding represents an investment in people, dignity, and opportunity. Through our Workforce and Wellness Hub, Code Tenderloin will provide 360-degree wraparound support—combining job training, digital skills, and wellness services—to help unhoused and underserved residents build stable, self-sufficient futures.”

“These federal funds are an investment in a safer, brighter BART. LED lighting improves visibility on our stations and platforms, while using less energy and needing less maintenance,” said Edward Wright, Vice President of the BART Board. “I’m grateful to Speaker Emerita Pelosi for her continued support for Bay Area transit, and for bringing a better experience for our riders.”

“We are deeply grateful for this Community Project Funding to repair and modernize essential infrastructure on the Farallon Islands,” said Pete Warzybok, Point Blue’s Farallon Island Program Leader. “This support will keep our team safely on the island and ensure the continuation of nearly 60 years of uninterrupted stewardship, research, and training for the next generation of San Francisco–area scientists, protecting this extraordinary National Wildlife Refuge, home to one of the world’s most important seabird colonies, for San Francisco and beyond.”

“At the SFMTA, we’re working across the agency to ensure Muni is safe and welcoming for everyone,” said Julie Kirschbaum, Director of Transportation at the San Francisco Municipal Transportation Agency. “Our goal is a system where women, children, and seniors feel comfortable and secure on board and at bus stops. Improving bus stop lighting is a critical part of our safety equity initiative, and this funding helps make that possible.”

“The allocation of two million dollars in federal funding for Jerrold Commons is a crucial step forward in our commitment to serving San Francisco’s homeless population,” said Shireen McSpadden, executive director of San Francisco’s Department of Homelessness and Supportive Housing. “This welcome investment will not only enhance our infrastructure but will also provide a much-needed foundation for dignity and health, ensuring that we can better support people on their path to stability.”

“We are deeply grateful to Speaker Emerita Pelosi for championing veterans once again and investing in Home For Good,” said Tramecia Garner, Executive Director of Swords to Plowshares. “This award will help aging and high-acuity veterans remain safely housed, supported by enhanced on-site care that allows them to age in place with the dignity they have earned through their service.” 

“We are so humbled that Speaker Pelosi continues to find a way to support our community, especially in a moment when so many critical issues are at play,” said Malcolm Yeung, CEO of Chinatown Community Development Center. “She truly embodies an approach to leadership in which no issue is too big, like saving democracy or reforming healthcare, or too small, like supporting communities and the projects that make them thrive.  We also want to thank the Mayor’s Office for their support and work in forwarding the process necessary to gain this funding.  The meaning of this funding is about more than the money, it’s about the fact that SF Chinatown is being seen by decisionmakers at both a national and local level as a critical piece of the United States and San Francisco.”

“We are grateful to Speaker Emerita Pelosi for her committed support of our parks and open spaces,” said Sarah Madland, Interim General Manager of San Francisco Parks and Recreation. “This funding will allow the department to replace the existing Blue Heron Lake boatshed and support the continued operation of the beloved boat rental program for the general public in Golden Gate Park.”

“Speaker Emerita Pelosi’s support and the newly awarded federal appropriation make it possible to build a dedicated CityBuild training facility that will expand access to hands-on, industry-standard construction workforce training for San Francisco residents,” said Michelle Leonard-Bell, Executive Director of Mission Hiring Hall. “This investment strengthens our ability to serve more participants each year, equipping historically underserved communities with the skills, tools, and pathways needed to secure sustainable careers in the building and construction trades.”

“We are deeply grateful for Speaker Emerita Pelosi’s support of UCSF’s High-Performance Computing and Artificial Intelligence Core,” said UCSF Chancellor Sam Hawgood, MBBS. “This investment will empower researchers with cutting-edge computational tools to overcome some of the most complex scientific challenges in health. We are excited about the profound impact it will have in accelerating breakthroughs that save lives and tackle the most devastating diseases.”

“We are deeply grateful to Speaker Emerita Nancy Pelosi for securing $850,000 to replace aging vehicles in our Safe Passage program, supporting San Francisco’s rapidly growing senior population as we launch our 60th anniversary in 2026,” said Anni Chung, President and CEO of Self-Help for the Elderly. “This investment ensures that older adults and individuals with disabilities can safely access health and wellness appointments, groceries, community centers, and other essential services that support aging in place.”

“As 30% of California’s prison population is over the age of 50, the need for services geared to their needs when they are no longer incarcerated is great,” said Cathy Davis, Executive Director of Bayview Hunter’s Point Multipurpose Senior Services. “With these funds, Bayview Senior Services will provide San Francisco with the first-of-its-kind re-entry hub, focused on services for previously incarcerated individuals 50 years and older. Clients will get help with housing, employment, health care, and other services in a generational-affirming setting designed for their success.”

“The San Francisco Police Department thanks Speaker Emerita Pelosi for her leadership in delivering federal funds that support public safety in San Francisco,” said San Francisco Police Chief Derrick Lew. “This $1.031 million investment will add new patrol vehicles to our fleet, helping more officers respond quickly and safely across the city while improving overall reliability and reducing maintenance costs.”

Source: United States House of Representatives – Congresswoman Betty McCollum (DFL-Minn)

WASHINGTON, D.C. — Congresswoman Betty McCollum, Ranking Member of the House Appropriations Subcommittee on Defense, issued the following statement on Friday in response to the Trump Administration’s recent actions regarding an airspace closure in El Paso: 

“The closure of El Paso’s airspace this week was a dangerous failure of competence by the Trump administration that undermines public trust and safety,” said Congresswoman McCollum. “Public reporting indicates that the cause of the Federal Aviation Administration’s flight restrictions was the use of a directed energy weapon operated by Customs and Border Protection but owned by the Department of Defense. 

“Why is the DoD providing this lethal equipment to CBP without informing Congress? Congress deserves clear, immediate answers from the Administration on the chain of events that led to the FAA’s decision making. That includes an explanation on why senior administration officials publicly stated that the incident was related to drone incursions by Mexican drug cartels, information that appears to be untrue. Ultimately, if this was DoD technology, operated on a DoD installation, then Secretary Hegseth is directly responsible for the failure to notify the FAA and must answer to Congress for it. The American people deserve answers.”

Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

“Investors and consumers alike deserve to know how these institutions are impacting climate change, how that’s increasing costs and deadly natural disasters. Investors deserve to know whether these banks are rewarding themselves with large executive bonuses.”

 “And investors deserve to know that the Board of Directors at these companies represent them and their interests.”

Pressley Legislation Would Require Transparent Reporting from GSIBs, Enhance Oversight of the World’s Largest Bank Holding Companies

WASHINGTON, D.C. – During a House Financial Services Committee hearing last week, Congresswoman Ayanna Pressley (MA-07) unveiled the Greater Supervision in Banking Act, or the GSIB Act, to mandate disclosures on diversity metrics and ensure transparency and accountability of big banks.

Rep. Pressley announced the legislation while questioning SEC Chair Paul Atkins and calling on him to require such disclosures in the interest of investors, who deserve to know details such as diversity, compensation policies, and climate costs to make fair investment assessments.

Led by Rep. Pressley and co-sponsored by Reps. Al Green (TX-09) and Rashida Tlaib (MI-12), the GSIB Act would require global systemically important bank holding companies (GSIBs) to submit public, annual reports to the Federal Reserve Board of Governors detailing:

The GSIB Act is endorsed by Americans for Financial Reform, Public Citizen, National Community Reinvestment Coalition, Rise Economy, Fair Finance Watch, and Action Center on Race and the Economy.

A transcript of Congresswoman Pressley’s remarks during the House Financial Services committee hearing is available below, and the video is available here.