Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
94pct
79d open
vs 220 other HJRES bills in the 119th — cohort avg 14d
This joint resolution nullifies requirements for persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the Internal Revenue Service (IRS). Specifically, the joint resolution nullifies the requirements included in the rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales and issued by the IRS on December 30, 2024. Decentralized finance refers to the suite of financial activities and services that are facilitated by cryptocurrency and intended to be conducted without any sort of reliance on traditional financial tools or intermediaries.
Yes
432
No
188
Present
1
Not Voting
11
Party Breakdown
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (16)
Became Public Law No: 119-5.
Became Public Law No: 119-5.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Message on Senate action sent to the House.
Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
SenatePassed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 70 - 28. Record Vote Number: 151.
SenateMeasure laid before Senate by motion. (consideration: CR S1856-1864)
Motion to proceed to consideration of measure agreed to in Senate by Yea-Nay Vote. 70 - 28. Record Vote Number: 150.
Bills with similar content found using semantic analysis.
Sources: Congress.gov · House Clerk roll-call votes
| #150 | senate | On the Motion to Proceed | Agreed to | March 26, 2025 |
| #151 | senate | On the Joint Resolution | Passed | March 26, 2025 |
| #71 | house | On Passage | Passed | March 11, 2025 |
2026 · third_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill Legislation related to digital asset market structure legislation - HR 3633 (CLARITY Act) and the Responsible Financial Innovation Act of 2025. HR 1 (One Big Beautiful Bill Act) Issues related to the tax treatment of digital assets H.R.8149 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of digital asset rewards.
Client expense: $310,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2026 · second_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill Legislation related to digital asset market structure legislation - HR 3633 (CLARITY Act) and the Responsible Financial Innovation Act of 2025. HR 1 (One Big Beautiful Bill Act) Issues related to the tax treatment of digital assets H.R.8149 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of digital asset rewards.
Client expense: $410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2026 · first_quarter · Taxation/Internal Revenue Code
IRS Notice 2023-27 on the tax treatment of nonfungible tokens; Monitor tax regulations as they relate to cryptocurrency and digital asset reporting requirements; H.J. Res. 25, Providing for congressional disapproval of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"
Client expense: Not reported · Firm income: $30,000
2026 · first_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill Legislation related to digital asset market structure legislation - HR 3633 (CLARITY Act) and the Responsible Financial Innovation Act of 2025. HR 1 (One Big Beautiful Bill Act) Issues related to the tax treatment of digital assets H.R.8149 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of digital asset rewards.
Client expense: $380,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2025 · fourth_quarter · Banking
S.J.Res.18: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications H.J.Res.25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales S.J.Res.36: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) S.875: FIRM Act S.381: 10 Percent Credit Card Interest Rate Cap Act S. 394: GENIUS Act H.R. 3633: Digital Asset Market Clarity Act of 2025 Issues relating to predicition markets Issues relating to FHFA scoring
Client expense: $60,000 · Firm income: Not reported
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 27.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
HousePassed/agreed to in House: On passage Passed by the Yeas and Nays: 292 - 132, 1 Present (Roll no. 71). (text: CR H1099)
HouseConsidered as unfinished business. (consideration: CR H1126)
POSTPONED PROCEEDINGS - At the conclusion of debate on H.J. Res. 25, the Chair put the question on passage of the joint resolution and by voice vote announced that the ayes had prevailed. Mr. Davis (IL) demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
The previous question was ordered pursuant to the rule.
DEBATE - The House proceeded with one hour of debate on H.J. Res. 25.
Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
Considered under the provisions of rule H. Res. 211. (consideration: CR H1099-1102)
Rules Committee Resolution H. Res. 211 Reported to House. Rule provides for consideration of H.J. Res. 25, H.R. 1156 and H.R. 1968. The resolution provides for consideration of H.J. Res. 25, H.R. 1156, and H.R. 1968 under a closed rule. Also, the resolution provides for one hour of general debate and one motion to recommit on each measure.
Placed on the Union Calendar, Calendar No. 3.
Reported by the Committee on Ways and Means. H. Rept. 119-7.
Congress.gov source codes: 5000, H12200
Ordered to be Reported by the Yeas and Nays: 26 - 16.
Committee Consideration and Mark-up Session Held
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
| February 28, 2025 |
| Introduced in House | January 21, 2025 |
| Enrolled Bill | -- |
| Democratic |
| MI |
| Tom Emmer | Republican | MN |
| Troy Downing | Republican | MT |
| Warren Davidson | Republican | OH |
| William R. Timmons IV | Republican | SC |
| Zachary Nunn | Republican | IA |
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · fourth_quarter · Health Issues
HR 3492- Protect Children's Innocence Act Addressing Rising Health Care Costs S 2954- Health Care Workforce Expansion Act HR 6166- Lowering Drug Costs for American Families Act Robert F. Kennedy Jr. Nomination for HHS, oppose Dr. Mehmet Oz for CMS Administration, oppose S 46, HR 247- Health Care Affordability Act of 2025 S 750, HR 1683- Protecting America's Seniors Access to Care Act HR 2528- Association Health Care Plans Act HR 3415, S 1709- Nurse Staffing Standards for Hospital Patient Safety HR 5145- Bipartisan Premium Tax Credit Extension Act S 2824- Bill to extend ACA tax credits (2 years) HR 4849, S 2556- Protecting Health Care and Lowering Costs Act of 2025 HR 5228- HCBS Worker Protect Act HR 6703- Lower Health Care Premiums for All Americans Act S 3385- Lower Health Care Costs Act HR 3971, S 3396- Domestic Worker Bill of Rights SJ Res 82, HJ Res 25- Richardson Waiver Congressional Review Act House discharge No. 10- Jeffries ACA discharge petition
Client expense: $700,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · fourth_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill Legislation related to digital asset market structure legislation - HR 3633 (CLARITY Act) and the Responsible Financial Innovation Act of 2025. HR 1 (One Big Beautiful Bill Act) Issues related to the tax treatment of digital assets H.R.8149 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of digital asset rewards.
Client expense: $440,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2025 · first_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Financial Institutions/Investments/Securities
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 148 To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person's own use, and for other purposes
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · fourth_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3 Resolution Disapproving Broker Rule H.J. Res. 25 Resolution Disapproving Broker Rule H.R. 1 The One Big Beautiful Bill Act H.R. 148 Keep Your Coins Act of 2025 S. 401 Fair Access to Banking Act H.R. 987 Fair Access to Banking Act S.1582 GENIUS Act H.R. 2392 STABLE Act S.1188 FLARE Act H.R. 2384 Financial Technology Protection Act H.R.216 Securities Enforcement Clarity Act of 2025 H.R. 2365 Securities Clarity Act S.875 FIRM Act S.954 BITCOIN Act H.R.2032 BITCOIN Act H.Res.248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency. H.R. 1919 Anti-CBDC Surveillance State Act H.R. 1664 Deploying American Blockchains Act of 2025 S.1273 Combatting Money Laundering in Cyber Crime Act S.1223 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act H.R.2544 / S.1222 Financial Freedom Act of 2025 H.R.3533 Blockchain Regulatory Certainty Act (BRCA) S.1620 / H.R.1712 MEME Act H.R.3314 Stop Presidential Profiteering from Digital Assets Act H.R.3633 CLARITY Act H.R.2978 GUARD Act H.R. 3573 Stop TRUMP in Crypto Act of 2025 S.1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R.4438 Power of the Mint Act H.R.3339 Equal Opportunity for All Investors Act H.R.2384 Financial Technology Protection Act of 2025 H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025 S.2528 Unleashing AI Innovation in Financial Services Act H.R.4988 Scam Farms Marque and Reprisal Authorization Act of 2025 H.R.4374 American Homeowner Crypto Modernization Act H.R.1770 Consumer Safety Technology Act S.710 Crypto ATM Fraud Prevention Act of 2025 H.R.3699 Energy Choice Act S.3428 SAFE Crypto Act
Client expense: $520,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · fourth_quarter · Financial Institutions/Investments/Securities
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3 Resolution Disapproving Broker Rule H.J. Res. 25 Resolution Disapproving Broker Rule H.R. 1 The One Big Beautiful Bill Act H.R. 148 Keep Your Coins Act of 2025 S. 401 Fair Access to Banking Act H.R. 987 Fair Access to Banking Act S.1582 GENIUS Act H.R. 2392 STABLE Act S.1188 FLARE Act H.R. 2384 Financial Technology Protection Act H.R.216 Securities Enforcement Clarity Act of 2025 H.R. 2365 Securities Clarity Act S.875 FIRM Act S.954 BITCOIN Act H.R.2032 BITCOIN Act H.Res.248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency. H.R. 1919 Anti-CBDC Surveillance State Act H.R. 1664 Deploying American Blockchains Act of 2025 S.1273 Combatting Money Laundering in Cyber Crime Act S.1223 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act H.R.2544 / S.1222 Financial Freedom Act of 2025 H.R.3533 Blockchain Regulatory Certainty Act (BRCA) S.1620 / H.R.1712 MEME Act H.R.3314 Stop Presidential Profiteering from Digital Assets Act H.R.3633 CLARITY Act H.R.2978 GUARD Act H.R. 3573 Stop TRUMP in Crypto Act of 2025 S.1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R.4438 Power of the Mint Act H.R.3339 Equal Opportunity for All Investors Act H.R.2384 Financial Technology Protection Act of 2025 H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025 S.2528 Unleashing AI Innovation in Financial Services Act H.R.4988 Scam Farms Marque and Reprisal Authorization Act of 2025 H.R.4374 American Homeowner Crypto Modernization Act H.R.1770 Consumer Safety Technology Act S.710 Crypto ATM Fraud Prevention Act of 2025 H.R.3699 Energy Choice Act S.3428 SAFE Crypto Act
Client expense: $520,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Financial Institutions/Investments/Securities
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J. Res. 3 Resolution Disapproving Broker Rule; H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; H.R. 148 Keep Your Coins Act of 2025; S. 401/ H.R. 987 Fair Access to Banking Act; S.1582 GENIUS Act; H.R. 2384 Financial Technology Protection Act; H.R. 2392 STABLE Act; S.875 FIRM Act; H.R. 1919 Anti-CBDC Surveillance State Act; S.1273 Combatting Money Laundering in Cyber Crime Act; S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency; H.R.2544 / S. 1222 Financial Freedom Act of 2025; H.R. 3533 / Blockchain Regulatory Certainty Act (BRCA); H.R.3633 CLARITY Act; H.R.2978 GUARD Act; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R.3339 Equal Opportunity for All Investors Act; H.R.2384 Financial Technology Protection Act of 2025; H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025; S.2528 Unleashing AI Innovation in Financial Services Act; H.R.4988 Scam Farms Marque and Reprisal Authorization Act of 2025).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Banking
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J. Res. 3 Resolution Disapproving Broker Rule; H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; H.R. 148 Keep Your Coins Act of 2025; S. 401/ H.R. 987 Fair Access to Banking Act; S.1582 GENIUS Act; H.R. 2384 Financial Technology Protection Act; H.R. 2392 STABLE Act; S.875 FIRM Act; H.R. 1919 Anti-CBDC Surveillance State Act; S.1273 Combatting Money Laundering in Cyber Crime Act; S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency; H.R.2544 / S. 1222 Financial Freedom Act of 2025; H.R. 3533 / Blockchain Regulatory Certainty Act (BRCA); H.R.3633 CLARITY Act; H.R.2978 GUARD Act; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R.3339 Equal Opportunity for All Investors Act; H.R.2384 Financial Technology Protection Act of 2025; H.R.4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025; S.2528 Unleashing AI Innovation in Financial Services Act; H.R.4988 Scam Farms Marque and Reprisal Authorization Act of 2025).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Taxation/Internal Revenue Code
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J.Res. 3 / H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; S.2207 Lummis Tax Package).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J.Res. 3 / H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; S.2207 Lummis Tax Package).
Client expense: $590,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · fourth_quarter · Taxation/Internal Revenue Code
IRS Notice 2023-27 on the tax treatment of nonfungible tokens; Monitor tax regulations as they relate to cryptocurrency and digital asset reporting requirements; H.J. Res. 25, Providing for congressional disapproval of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · fourth_quarter · Health Issues
HR 3492- Protect Children's Innocence Act Addressing Rising Health Care Costs S 2954- Health Care Workforce Expansion Act HR 6166- Lowering Drug Costs for American Families Act Robert F. Kennedy Jr. Nomination for HHS, oppose Dr. Mehmet Oz for CMS Administration, oppose S 46, HR 247- Health Care Affordability Act of 2025 S 750, HR 1683- Protecting America's Seniors Access to Care Act HR 2528- Association Health Care Plans Act HR 3415, S 1709- Nurse Staffing Standards for Hospital Patient Safety HR 5145- Bipartisan Premium Tax Credit Extension Act S 2824- Bill to extend ACA tax credits (2 years) HR 4849, S 2556- Protecting Health Care and Lowering Costs Act of 2025 HR 5228- HCBS Worker Protect Act HR 6703- Lower Health Care Premiums for All Americans Act S 3385- Lower Health Care Costs Act HR 3971, S 3396- Domestic Worker Bill of Rights SJ Res 82, HJ Res 25- Richardson Waiver Congressional Review Act House discharge No. 10- Jeffries ACA discharge petition
Client expense: $690,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · third_quarter · Banking
S.J.Res.18: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications H.J.Res.25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales S.J.Res.36: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) S.875: FIRM Act S.381: 10 Percent Credit Card Interest Rate Cap Act S. 394: GENIUS Act H.R. 3633: Digital Asset Market Clarity Act of 2025 Issues relating to predicition markets Issues relating to FHFA scoring
Client expense: $60,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · third_quarter · Taxation/Internal Revenue Code
IRS Notice 2023-27 on the tax treatment of nonfungible tokens; Monitor tax regulations as they relate to cryptocurrency and digital asset reporting requirements; H.J. Res. 25, Providing for congressional disapproval of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · third_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3 Resolution Disapproving Broker Rule H.J. Res. 25 Resolution Disapproving Broker Rule H.R. 1 The One Big Beautiful Bill Act H.R. 148 Keep Your Coins Act of 2025 S.37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act) S.401/ H.R. 987 Fair Access to Banking Act S.1582 GENIUS Act H.R. 2392 STABLE Act S.1188 FLARE Act H.R. 2384 Financial Technology Protection Act H.R. 216 Securities Enforcement Clarity Act of 2025 H.R. 2365 Securities Clarity Act S.875 FIRM Act S.954/ H.R. 2032 BITCOIN Act H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency. H.R. 1919 Anti-CBDC Surveillance State Act H.R. 1664 Deploying American Blockchains Act of 2025 S.1273 Combatting Money Laundering in Cyber Crime Act S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act H.R. 2544/ S.1222 Financial Freedom Act of 2025 H.R. 3533 Blockchain Regulatory Certainty Act (BRCA) S.1620/ H.R. 1712 MEME Act H.R. 3314 Stop Presidential Profiteering from Digital Assets Act H.R. 3633 CLARITY Act H.R. 2978 GUARD Act H.R. 3573 Stop TRUMP in Crypto Act of 2025 S.1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R. 4438 Power of the Mint Act H.R. 3339 Equal Opportunity for All Investors Act H.R. 2384 Financial Technology Protection Act of 2025 H.R. 4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025 S.2528 Unleashing AI Innovation in Financial Services Act H.R. 4988 Scam Farms Marque and Reprisal Authorization Act of 2025 H.R. 4374 American Homeowner Crypto Modernization Act H.R. 1770 Consumer Safety Technology Act
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Financial Institutions/Investments/Securities
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3 Resolution Disapproving Broker Rule H.J. Res. 25 Resolution Disapproving Broker Rule H.R. 1 The One Big Beautiful Bill Act H.R. 148 Keep Your Coins Act of 2025 S.37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act) S.401/ H.R. 987 Fair Access to Banking Act S.1582 GENIUS Act H.R. 2392 STABLE Act S.1188 FLARE Act H.R. 2384 Financial Technology Protection Act H.R. 216 Securities Enforcement Clarity Act of 2025 H.R. 2365 Securities Clarity Act S.875 FIRM Act S.954/ H.R. 2032 BITCOIN Act H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency. H.R. 1919 Anti-CBDC Surveillance State Act H.R. 1664 Deploying American Blockchains Act of 2025 S.1273 Combatting Money Laundering in Cyber Crime Act S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act H.R. 2544/ S.1222 Financial Freedom Act of 2025 H.R. 3533 Blockchain Regulatory Certainty Act (BRCA) S.1620/ H.R. 1712 MEME Act H.R. 3314 Stop Presidential Profiteering from Digital Assets Act H.R. 3633 CLARITY Act H.R. 2978 GUARD Act H.R. 3573 Stop TRUMP in Crypto Act of 2025 S.1668 End Crypto Corruption Act of 2025 S.2207 Lummis Tax Package S.2296 National Defense Authorization Act for Fiscal Year 2026 H.R. 4438 Power of the Mint Act H.R. 3339 Equal Opportunity for All Investors Act H.R. 2384 Financial Technology Protection Act of 2025 H.R. 4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025 S.2528 Unleashing AI Innovation in Financial Services Act H.R. 4988 Scam Farms Marque and Reprisal Authorization Act of 2025 H.R. 4374 American Homeowner Crypto Modernization Act H.R. 1770 Consumer Safety Technology Act
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill Legislation related to digital asset market structure legislation - HR 3633 (CLARITY Act) and the Responsible Financial Innovation Act of 2025. HR 1 (One Big Beautiful Bill Act) Issues related to the tax treatment of digital assets H.R.8149 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of digital asset rewards.
Client expense: $420,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
2025 · third_quarter · Financial Institutions/Investments/Securities
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J. Res. 3 / H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; H.R. 148 Keep Your Coins Act of 2025; S.37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S.401 / H.R. 987 Fair Access to Banking Act; S.1582 GENIUS Act; H.R. 2392 STABLE Act; S.1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S.875 FIRM Act; S.954 BITCOIN Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025; S.1273 Combatting Money Laundering in Cyber Crime Act; S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act; H.R. 2544 / S.1222 Financial Freedom Act of 2025; H.R. 3533 Blockchain Regulatory Certainty Act (BRCA); S.1620 / H.R. 1712 MEME Act; H.R. 3314 Stop Presidential Profiteering from Digital Assets Act; H.R. 3633 CLARITY Act; H.R. 2978 GUARD Act; H.R. 3573 Stop TRUMP in Crypto Act of 2025; S.1668 End Crypto Corruption Act of 2025; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R. 4438 Power of the Mint Act; H.R. 3339 Equal Opportunity for All Investors Act; H.R. 2384 Financial Technology Protection Act of 2025; H.R. 4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025; S.2528 Unleashing AI Innovation in Financial Services Act; H.R. 4988 Scam Farms Marque and Reprisal Authorization Act of 2025; H.R. 4374 American Homeowner Crypto Modernization Act; H.R. 1770 Consumer Safety Technology Act).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Banking
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J. Res. 3 / H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; H.R. 148 Keep Your Coins Act of 2025; S.37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S.401 / H.R. 987 Fair Access to Banking Act; S.1582 GENIUS Act; H.R. 2392 STABLE Act; S.1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S.875 FIRM Act; S.954 BITCOIN Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025; S.1273 Combatting Money Laundering in Cyber Crime Act; S.1870 Prohibiting Foreign Adversary Interference in Cryptocurrency Markets Act; H.R. 2544 / S.1222 Financial Freedom Act of 2025; H.R. 3533 Blockchain Regulatory Certainty Act (BRCA); S.1620 / H.R. 1712 MEME Act; H.R. 3314 Stop Presidential Profiteering from Digital Assets Act; H.R. 3633 CLARITY Act; H.R. 2978 GUARD Act; H.R. 3573 Stop TRUMP in Crypto Act of 2025; S.1668 End Crypto Corruption Act of 2025; S.2207 Lummis Tax Package; S.2296 National Defense Authorization Act for Fiscal Year 2026; H.R. 4438 Power of the Mint Act; H.R. 3339 Equal Opportunity for All Investors Act; H.R. 2384 Financial Technology Protection Act of 2025; H.R. 4394 Compliant Operations of Decentralized Entities (CODE) Act of 2025; S.2528 Unleashing AI Innovation in Financial Services Act; H.R. 4988 Scam Farms Marque and Reprisal Authorization Act of 2025; H.R. 4374 American Homeowner Crypto Modernization Act; H.R. 1770 Consumer Safety Technology Act).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · third_quarter · Taxation/Internal Revenue Code
Issues related to cryptocurrencies, decentralized finance, digital rights, regulatory framework for stablecoins, and central bank digital currency regulations and proposals (S.J.Res. 3 / H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 1 The One Big Beautiful Bill Act; S.2207 Lummis Tax Package).
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · second_quarter · Banking
S.J.Res.18: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions S.J.Res.28: A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications H.J.Res.25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales S.J.Res.36: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) S.875: FIRM Act S.381: 10 Percent Credit Card Interest Rate Cap Act S. 394: GENIUS Act H.R. 3633: Digital Asset Market Clarity Act of 2025 Issues relating to predicition markets Issues relating to FHFA scoring
Client expense: $60,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · first_quarter · Taxation/Internal Revenue Code
H.J. Res. 25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".; all provisions of the resolution S.J.Res.3 - A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".; all provisions of the resolution
Client expense: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Taxation/Internal Revenue Code
General education around digital assets and decentralized AI S.J. Res. 3, H.J. Res. 25 Resolution Disapproving Broker Rule Reconciliation/tax bill HR 3633 (CLARITY Act) HR 1 (One Big Beautify Bill Act)
Client expense: $380,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Financial Institutions/Investments/Securities
H.R. 1, One Big Beautiful Bill Act - provisions related to remittance and endowment taxes; potential amendment related to crypto tax issues H.R. 2392, Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 (STABLE Act of 2025) H.R. 3633, Digital Asset Market Clarity Act of 2025 S. 919, Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS Act of 2025) H.J.Res. 25, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal RevenueService relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" Issues related to digital assets Issues related to the IRS Digital Broker Rule Issues related to national security and illicit finance Issues related to crypto market structure Crypto tax issues
Client expense: $370,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · second_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $490,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2025 · second_quarter · Taxation/Internal Revenue Code
IRS Notice 2023-27 on the tax treatment of nonfungible tokens; Monitor tax regulations as they relate to cryptocurrency and digital asset reporting requirements; H.J. Res. 25, Providing for congressional disapproval of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · second_quarter · Banking
Issues related to stablecoin legislation; H.R.2392 - Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act, S. 919 - Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, H.R.1919 - Anti-CBDC Surveillance State Act; Issues related to AML requirements: H.R. 2824 - Financial Technology Protection Act of 2025; Issues related to market structure: H.R. 2365 Securities Clarity Act, H.R.3633 - Digital Asset Market Clarity Act; CRAs: HJ Res. 25, CRA on IRS DeFi Reporting Rule
Client expense: $330,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Banking
H.J.Res.25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales S.J.Res.36: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Prohibition on Creditors and Consumer Reporting Agencies Concerning Medical Information (Regulation V) S.875: FIRM Act S.381: 10 Percent Credit Card Interest Rate Cap Act
Client expense: $60,000 · Firm income: Not reported
Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · first_quarter · Financial Institutions/Investments/Securities
Credit Card Competition Act H.R. 1101, the Taxpayer Data Protection Act private equity regulation Financial Technology ("Fintech") SEC funding and riders in appropriations bills digital assets regulation Crypto Broker Tax Reporting Guidance Digital assets regulation (stablecoins; banking standards for crypto) Private Markets Transparency and Accountability H.J. Resolution 109 (Rescinding SEC SAB 121 Guidance) H.J.Res 25 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" H.R. 2392 STABLE Act (stablecoins) S. 394 GENIUS Act (stablecoins) S. 710 Crypto ATM Fraud Prevention Act H. R. 1919 Anti-CBDC Surveillance State Act H.R. 1712 Modern Emoluments and Malfeasance "Meme" Act Crypto and Government Ethics, Dislcosure, Constitutional issues Postal banking Stock Buyback Accountability Act FIO/NAIC climate data call NFIP policy discussion
Client expense: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · first_quarter · Banking
Credit Card Competition Act H.R. 1101, the Taxpayer Data Protection Act Confirm Nominees for Financial Regulators & Independent Agencies SEC Chair Nominee OCC Chair Nominee CFPB Director Nominee Treasury Secretary Nominee S. 875 FIRM Act S. 293: The Fair Access to Banking Act Fair Access to Financial Services Act of 2022 private equity regulation SEC funding and riders in appropriations bills digital assets regulation Crypto Broker Tax Reporting Guidance Digital assets regulation (stablecoins; banking standards for crypto) Private Markets Transparency and Accountability H.J. Resolution 109 (Rescinding SEC SAB 121 Guidance) H.J.Res 25 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" H.R. 2392 STABLE Act (stablecoins) S. 394 GENIUS Act (stablecoins) S. 710 Crypto ATM Fraud Prevention Act H. R. 1919 Anti-CBDC Surveillance State Act Postal banking EPA GHG Reduction Fund OCC Fair Access Rule
Client expense: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE
2025 · first_quarter · Banking
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Financial Institutions/Investments/Securities
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; S. 37 Venezuela Advancing Liberty, Opportunity, and Rights Act (VALOR Act); S. 401Fair Access to Banking Act; H.R. 987 Fair Access to Banking Act; H.R. 148 Keep Your Coins Act of 2025; S. 919GENIUS Act; H.R. 2392; STABLE Act; S. 1188 FLARE Act; H.R. 2384 Financial Technology Protection Act; H.R. 216 Securities Enforcement Clarity Act of 2025; H.R. 2365 Securities Clarity Act; S. 875 FIRM Act; H.R. 2032 BITCOIN Act; H.Res. 248 Resolution emphasizing the importance and power of distributed ledger technologies (DLT) to support democratic governance, human rights, internet freedom, and transparency; H.R. 1919 Anti-CBDC Surveillance State Act; H.R. 1664 Deploying American Blockchains Act of 2025
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: S.J. Res. 3/ H.J. Res. 25 Resolution Disapproving Broker Rule; H.R. 148 To prohibit Federal agencies from restricting the use of convertible virtual currency by a person to purchase goods or services for the person's own use, and for other purposes
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
H.J. Res 25 - IRS DeFi Broker Dealer Rule.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2025 · first_quarter · Financial Institutions/Investments/Securities
H.R. 2392, Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 (STABLE Act of 2025) S. 919, Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 (GENIUS Act of 2025) H.J.Res. 25, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" Issues related to the IRS Digital Broker Rule Issues related to national security and illicit finance Issues related to crypto market structure Crypto tax issues
Client expense: $270,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
H.J. Res. 25/S.J. Res. 3, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Taxation/Internal Revenue Code
Issues related to decentralized finance, decentralized and peer-to-peer economic activities and related assets, digital rights, and decentralized web applications using blockchain and related distributed ledger technologies, including: H.J. Res. 25/S.J. Res. 3, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" Potential Reconciliation/tax legislation
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2025 · first_quarter · Taxation/Internal Revenue Code
H.J. Res. 25/S.J. Res. 3, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales" Potential Reconciliation/tax legislation
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of
2025 · first_quarter · Taxation/Internal Revenue Code
H.J. Res. 25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".; all provisions of the resolution S.J.Res.3 - A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".; all provisions of the resolution
Client expense: $140,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Small Business
Tax Relief and Reform Tax Cuts and Jobs Act (TCJA) of 2017: Expressed support for extending/making permanent expiring provisions of the TCJA, including: individual tax rates, 20% small business deduction, restoring immediate R&D expensing, and 100% bonus depreciation. Continue to express opposition to raising taxes on small businesses, C-corps and individual taxpayers, carried interest, capital gains and tax increases that would undermine investment and capital availability. Main Street Tax Certainty Act of 2025: Support House and Senate legislation to make permanent the 20% deduction for small- and family-owned businesses (Section 199A). American Innovation and Jobs Act of 2025: Support legislation in the House and Senate to restore immediate R&D expensing. Death Tax Repeal Act of 2025: Support House and Senate legislation to fully repeal the death tax. U.S. Budget Resolution and the Framework for Tax Permanency: Supported House and Senate passage of the budget resolution, the Full Year Continuing Appropriations and Extensions Act, 2025, and Senate Amendment to H.Con.Res. 14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034. Access to Capital Accredited Investor Definition: Expressed support for efforts in the Congress to modernize the standard. U.S. House Financial Services Request for Comments on Access to Capital Proposals: Provided comments and support for legislative initiatives in the U.S. House to boost capital formation and access for entrepreneurs and small businesses, including: Fair Investment Opportunities for Professional Experts Act, Investment Opportunity Expansion Act, Accredited Investor Definition Review Act, Encouraging Public Offerings Act of 2025, Improving Disclosures for Investors Act of 2025, Unlocking Capital for Small Businesses Act of 2025, Middle Market IPO Underwriting Cost Act, Helping Angels Lead Our Startups (HALOS) Act of 2025, Helping Startups Continue to Grow Act, Small Entrepreneurs Empowerment and Development (SEED) Act of 2025, Risk Disclosure and Investor Attestation Act, Regulation A+ Improvement Act of 2025, Improving Crowdfunding Opportunities Act, and the Amendment for Crowdfunding Capital Enhancement and Small-business Support (ACCESS) Act of 2025. Small Business Technological Advancement Act (SBTAA): Support the Senate legislation. Regulation and Regulatory Reform Corporate Transparency Act (CTA) Beneficial Ownership Information (BOI) Filing Mandate: Continued to express support for the Repealing Big Brother Overreach Act to repeal the BOI reporting mandate. Advocated and expressed support for the U.S. Treasury Department to extend the deadline for filing, to scale back or exempt U.S. businesses from filing the report, and to not unduly penalize small businesses that were not aware of mandate. Support announced efforts by the U.S. Treasury and Interim Final Rule to apply the mandate to foreign businesses only. Privacy Framework: Continue to support a federal framework governing privacy rules for the United States. Congressional Review Act (CRA) Resolutions: H.J. Res 42: Supported the resolution of disapproval of Department of Energy rule relating to Energy Conservation Program for Appliance Standards: Certification Requirements, Labeling Requirements, and Enforcement Provisions for Certain Consumer Products and Commercial Equipment. IRSs DeFi Rule and H.J. Res. 25: Supported the House and Senate resolution to invalidate the Internal Revenue Services (IRSs) Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales rule. CFPB and S.J.Res.28: Supported House and Senate passage of the resolution to nullify the Consumer Financial Protection Bureau (CFPB) rule - Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications. CFPB and S.J. RES. 18: Supported House and Senate passage of the resolution to nullify the CFPB rule - Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to Overdraft Lending: Very Large Financial Institutions DOE and H.J. Res 24: Support the resolution to nullify the Department of Energys (DOEs) energy conservation standards for walk-in coolers and walk-in freezers. DOE and H.J. Res. 75: Support the resolution to repeal the Department of Energys (DOEs) energy conservation standards for commercial refrigerators and freezers. Federal Trade Commission (FTC) Pre-Merger Notification Rule: Called for a CRA to overturn the FTC rulemaking. PROVE It Act: Support House and Senate legislation on the PROVE It Act to strengthen regulatory accountability and transparency for small businesses. Modern Worker Empowerment Act: Support this legislation in the House. Modern Worker Security Act: Support this legislation in the House. Faster Labor Contracts Act, S. 844: Oppose this Senate legislation. Midnight Rules Relief Act: Supported House passage. OSHA Heat Rule: Filed joint comments on OSHAs Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings Proposed Rule, and urged the agency to withdraw the proposed rule. CMS Rule on GLP-1s: Supported the rule (CMS-4208-P) being proposed by the Centers for Medicare and Medicaid Services (CMS). AI Action Plan: Submitted comments to the Networking and Information Technology Research and Development (NITRD) National Coordination Office (NCO) at the National Science Foundation (NSF), on behalf of the Office of Science and Technology Policy (OSTP) on the importance of formulating a national artificial intelligence (AI) Action Plan. Trade Policy and Global Markets Special 301 Report: Urged Congress to review and take action on the Trade Representatives (USTR) consistent failure to leverage the Special 301 Report to hold foreign intellectual property thieves accountable. Digital Trade: Urged USTR Jamieson Greer to embrace a course of action on digital trade rules that would advance U.S. leadership and support American economic strength. Affordable Health Coverage Health Savings Accounts (HSAs): Support efforts in the House and Senate to expand and improve the accounts. Telehealth and HSAs: Urged both the House and Senate to make permanent the telehealth provision that provides employers the flexibility to offer their employees with a High Deductible Health Plan (HDHP) paired with a Health Savings Account (HSA) access to telehealth services pre-deductible. IP Rights and Protections Expressed concerns about a slate of bills being considered by the Senate Judiciary Committee including: S. 1040, a bill to amend the Federal Trade Commission Act to prohibit product hopping; S. 1041, a bill to amend Title 35 of the U.S. Code to address infringement of patents that claim biological products; S. 1097, the Interagency Patent Coordination and Improvement Act of 2025; and S. 1096, the Preserve Access to Affordable Generics and Biosimilars Act. USPTO Comments on WIPO Treaty: Expressed concern about the treatys mandatory patent disclosure requirements (PDRs) and their harm to the small businesses and startups that are the backbone of American innovation and economic growth. The RESTORE Patent Rights Act: Support House and Senate legislation. Trump Administration Nominations - Leadership Votes Kelly Loeffler, SBA Administration: Supported the nomination and confirmation of Ms. Loffler. Dr. Casey Mulligans Chief Counsel for Advocacy at the U.S. Small Business Administration (SBA): Supported the nomination and confirmation of Dr. Mulligan. Former U.S. Billy Long for IRS Commissioner: Support the nomination and confirmation of Mr. Long. Paul Atkins as Chair of the U.S. Securities and Exchange Commission (SEC): Supported the nomination and confirmation of Mr. Atkins. Mike Johnson for Speaker: Supported. Presidential Executive Orders and Memorandums MAKING AMERICA HEALTHY AGAIN BY EMPOWERING PATIENTS WITH CLEAR, ACCURATE, AND ACTIONABLE HEALTHCARE PRICING INFORMATION: SBE Council issued supportive statements on the Executive Order. National Energy Dominance Council EO: Issued supportive statements on the EO. Establishing the United States Investment Accelerator EO: Issued a supportive statement on the EO. Defending Americas Innovators Memorandum: Issued supportive statements on aspects of the memorandum. Government Accountability H.R. 1156, the Pandemic Unemployment Fraud Enforcement Act: Supported this bill to extend the statute of limitations for prosecuting and recouping stolen COVID-19 unemployment insurance (UI) funds.
Client expense: $40,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), Executive Office of the President (EOP), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Science Foundation (NSF), Office of Science & Technology Policy (OSTP), Patent & Trademark Office (PTO), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)
2025 · first_quarter · Taxation/Internal Revenue Code
Issues related to digital assets, including H.J.Res.25 and S.J.Res.3. H.J.Res.25 and S.J.Res.3 provided for congressional disapproval of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales."
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2025 · first_quarter · Fuel/Gas/Oil
H.J. Res. 25: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales"; provisions related to methane tax final rule S.J. Res. 12: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Waste Emissions Charge for Petroleum and Natural Gas Systems: Procedures for Facilitating Compliance, Including Netting and Exemptions"; provisions related to methane tax final rule Budget reconciliation: Provisions related to methane tax, IDCs, and federal-lands reforms HR 662/S 224: Promoting Domestic Energy Production Act; provisions related to accelerated cost-recovery of IDCs under CAMT Matters related to federal-lands reforms, including mandatory leasing and related permitting
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE