The bill hjres25-119 would nullify an IRS rule requiring brokers to report digital asset sales information to tax authorities in the Securities & Investment industry. Senator David McCormick voted YEA on hjres25-119. McCormick received 22.8% of identifiable campaign contributions from Securities & Investment donors ($6.97M, ranking #2 in his party), while companies in this industry filed 8,230 lobbying reports since 2022 related to this legislation.

FOLLOW THE TRAIL
◈ Ask the Analyst about David McCormick →How we built this: a statistical pattern surfaced from public records — FEC campaign finance, Senate/House Lobbying Disclosure Act filings, and Congress.gov. The donor concentration and the legislative action are concurrent facts; this does not imply contributions caused the action, that the member acted improperly, or that the bill specifically benefits the named sector. Generated July 6, 2026 · internal signal score 84/100.