This joint resolution nullifies an IRS rule requiring brokers to report digital asset sales information to tax authorities. Senator David McCormick voted YEA on hjres25-119. Securities & Investment donors represent 22.8% of McCormick's identifiable donor base ($7.09M, ranking #2 in his party), while Securities & Investment companies filed 19,368 lobbying reports on related issues since 2022.

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◈ 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 September 7, 2026 · internal signal score 83/100.