Trump signed GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) July 18, 2025, first major crypto law passed by Congress (House 308-122, Senate 68-30). Establishes federal stablecoin framework requiring 100% reserves (cash/ Treasuries), Bank Secrecy Act compliance. …
Congress passes the Department of Defense Appropriations Act for 2004 (H.R. 2658), containing language that permanently terminates funding for the Total Information Awareness (TIA) program and orders the immediate closure of DARPA’s Information Awareness Office. The Senate had voted …
On July 30, 2002, President George W. Bush signed the Sarbanes-Oxley Act into law, calling it “the most far-reaching reforms of American business practices since the time of Franklin D. Roosevelt.” The legislation passed with overwhelming bipartisan support—423 to 3 in the House and 99 …
The Personal Responsibility and Work Opportunity Reconciliation Act implements strict work requirements mandating that welfare recipients must work or participate in work-related activities after receiving assistance for two years. The law includes “strong work requirements” and a …
The Personal Responsibility and Work Opportunity Reconciliation Act establishes a five-year lifetime limit on federally funded cash assistance through the new Temporary Assistance for Needy Families (TANF) program. This represents a fundamental restructuring of the American social safety net, …
President Bill Clinton signs the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (PRWORA), fulfilling his 1992 campaign promise to “end welfare as we know it.” The legislation represents the most significant overhaul of the American welfare system since the New …
President Bill Clinton signs the Violent Crime Control and Law Enforcement Act of 1994, the largest crime bill in U.S. history, consisting of 356 pages that provided for 100,000 new police officers and $9.7 billion in funding for prisons. Drafted by then-Senator Joe Biden and sponsored by …
The Violent Crime Control and Law Enforcement Act of 1994 includes a federal “three strikes” provision mandating life imprisonment without possibility of parole for individuals convicted of a third violent felony or serious drug offense. Specifically, the law requires mandatory life …
As part of the Violent Crime Control and Law Enforcement Act, the Clinton administration allocates $8.7 billion in federal grants for prison construction to states that enact “truth-in-sentencing” (TIS) laws requiring inmates convicted of violent crimes to serve at least 85 percent of …
Congress passes the Anti-Drug Abuse Act of 1986, establishing a 100-to-1 sentencing disparity between crack cocaine and powder cocaine offenses—imposing the same penalties for possession of 5 grams of crack cocaine as for 500 grams of powder cocaine. The legislation provided mandatory minimum …