We have received text from S. 4686: National Commission on Robotics Act. This bill was received on 2026-06-04, and currently has 3 cosponsors.
Here is a short summary of the bill:
This bill, known as the National Commission on Robotics Act, proposes the establishment of an independent body called the Commission on American Leadership in Robotics. Here are the main points of the bill:
Establishment of the Commission
The bill mandates that the Secretary of Commerce create the Commission within 30 days after the legislation is enacted.
Purpose of the Commission
The Commission is tasked with examining the role of robotics in the following areas:
- Interstate and foreign commerce
- Economic competitiveness
- National security
Additionally, the Commission will provide recommendations to relevant congressional committees based on its findings.
Membership
The Commission will consist of 18 members, appointed by various leaders, including:
- 3 by the Speaker of the House
- 3 by the Minority Leader of the House
- 3 by the Majority Leader of the Senate
- 3 by the Minority Leader of the Senate
- 6 by the President of the United States
All appointments are to be made within 45 days of the Commission's establishment, and members will be qualified experts in fields related to robotics.
Responsibilities and Scope of Work
The Commission will carry out a thorough review of advancements in robotics while considering various aspects, such as:
- The United States' competitiveness in robotics
- Methods to maintain technological advantages in the robotics sector
- International developments in robotics
- Strategies for fostering investments and partnerships in robotics
- Workforce incentives to attract talent in robotics and related fields
- Supply chain dynamics for robotics manufacturing
Reporting Requirements
The Commission must submit two reports:
- An interim report within one year of being established, which outlines the status of their review and any initial recommendations.
- A final report within two years, detailing their findings and suggestions for actions by Congress and the federal government.
Operational Details
In carrying out its functions, the Commission will:
- Receive support and information from various federal departments and agencies.
- Have the authority to accept donations of goods and services (excluding money) to aid its activities.
- Be considered a legislative advisory committee.
- Terminate 18 months following the submission of its final report.
Definitions Included
The bill provides specific definitions related to “robotics,” which encompasses:
- Programmable multifunctional mechanical devices
- Automated mechanisms with autonomy
- Reprogrammable manipulators used in industrial applications
- Machines capable of sensing their environment and processing information
Relevant Companies
- ABB - A leader in robotics and automation solutions, the company may be closely monitored by the Commission for its innovation strategies and competitive edge in the robotics sector.
- Fanuc Corporation - As a major player in the manufacturing of factory automation and robotics, the company might be directly influenced by new policies stemming from the Commission's recommendations.
- Intuitive Surgical, Inc. - Known for its robotic surgical systems, the company's operations could be impacted by potential regulatory changes or funding initiatives resulting from the Commission's findings.
Senator David McCormick Bill Proposals
Here are some bills which have recently been proposed by Senator David McCormick:
- S.4686: National Commission on Robotics Act
- S.4633: Unmanned and Autonomous Systems Strategy Act of 2026
- S.4630: A bill to prioritize the finalization of design requirements for new Ready Reserve Force vessels, and for other purposes.
- S.4606: Increasing Opportunity For Reindustrialization Act
- S.4527: Improving Emerging Tech Opportunities for Veterans Act of 2026
- S.4475: Unlock American Energy and Jobs Act of 2026
You can track bills proposed by Senator David McCormick on Quiver Quantitative's politician page for McCormick.
Senator David McCormick Net Worth
Quiver Quantitative estimates that Senator David McCormick is worth $172.6M, as of June 13th, 2026. This is the 10th highest net worth in Congress, per our live estimates.
McCormick has approximately $8.2M invested in publicly traded assets which Quiver is able to track live.
You can track Senator David McCormick's net worth on Quiver Quantitative's politician page for McCormick.
Senator David McCormick Stock Trading
We have data on up to $101.5M of trades from Senator David McCormick, which we parsed from STOCK Act filings. Some of the largest trades include:
- A January 23rd, 2026 sale of up to $5M of $GS. The stock has risen 15.25% since then.
- A January 16th, 2025 sale of up to $5M of $RUM. The stock has fallen 40.53% since then.
- A February 27th, 2025 purchase of up to $100K of $BITB. The stock has fallen 23.52% since then.
- A May 6th, 2025 sale of up to $15K of $IJR. The stock has risen 41.91% since then.
You can track Senator David McCormick's stock trading on Quiver Quantitative's politician page for McCormick.
2030 Pennsylvania US Senate Election
There has been approximately $531,560,965 of spending in Pennsylvania US Senate elections over the last two years, per our estimates.
Approximately $446,936,251 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- WINSENATE ($126,064,094)
- SENATE LEADERSHIP FUND ($105,598,479)
- KEYSTONE RENEWAL PAC ($81,574,230)
- AMERICANS FOR PROSPERITY ACTION, INC. (AFP ACTION) DBA CVA ACTION AND DBA LIBRE ACTION ($37,099,265)
- DSCC ($21,039,691)
You can track this election on our matchup page for the 2030 Pennsylvania US Senate election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
