Democrats’ Legislative Initiatives

What we could do with a legislative majority

 
TitleSponsorWhat it doesStatus
The Anti-Corruption and Public Integrity ActSen. Elizabeth WarrenA sweeping, comprehensive set of policy solutions to fundamentally change the way Washington operates – eliminating the dominance of money in federal decisions and making sure our government once again works for American familiesIntroduced 8/21/18
Secure Elections Act3 Democratic and 2 Republican SenatorsTo protect the administration of Federal elections against cybersecurity threats.Introduced in June, blocked by Trump White House
CLEAN Politics ActRep. Sarbanes, Sen. BennetAddresses loopholes in current Lobbying Disclosure Act Referred to Committee
Biosimilars Competition Act of 2018Rep. SarbanesCurbs “pay to delay” tactics that pharmaceutical companies use to block competition from generic drugs.Referred to Committee
Accountable Capitalism ActSen. Elizabeth Warren

Corporations with revenue over $1 billion would be required to obtain a federal corporate charter which would require that employees elect 40% of a board of directors of any corporation with over $1 billion in tax receipts, and that 75% of shareholders and directors must approve any political spending. The Act contains a “constituency statute” that would give directors a duty of “creating a general public benefit” with regard to corporation stakeholders, including shareholders, employees, and the environment, and the interests of the enterprise in the long-term

Introduced
The Measuring Real Income Growth Act of 2018Chuck Schumer (D-NY) and Sen. Martin Heinrich (D-NM)

The Measuring Real Income Growth Act of 2018 will require an official and timely reporting of how growth is distributed across the income spectrum, providing policymakers with metrics that better correspond to the economic experiences of all American families.




Introduced

H.R.5816/ S.2755 – Postal Banking Act

 

 

 

Rep. Clarke, Yvette D. [D-NY-9] and

Sen. Gillibrand, Kirsten E. [D-NY]

Allow the United States Postal Service to branch out and offer basic financial services, including savings accounts and loans, to the underbanked.  A number of other advanced countries do this.

Introduced