Congresswoman Simon and Ranking Member Velázquez introduced a resolution to protect small business borrowers from unfair lending practices.
Quiver AI Summary
Introduction of Small Business Borrowers’ Bill of Rights: Congresswoman Lateefah Simon and Ranking Member Nydia Velázquez introduced the Small Business Borrowers’ Bill of Rights during National Small Business Week. The resolution aims to affirm the fundamental rights of small business owners seeking financing and provide protection from unfair lending practices.
Key Provisions of the Resolution: The resolution outlines six core rights for small business borrowers, including transparency in pricing, responsible underwriting, and fair treatment. Simon emphasized the need for equitable access to capital, highlighting the significance of protecting small business owners from exploitative practices.
Responses and Support: Velázquez noted the challenges entrepreneurs face in accessing fair financing, while Louis Caditz-Peck from the Responsible Business Lending Coalition applauded the resolution for setting standards to improve access to responsible capital. The measure has received endorsements from various organizations advocating for small business rights.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Lateefah Simon Fundraising
Lateefah Simon recently disclosed $273.2K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 422nd most from all Q1 reports we have seen this year. 84.4% came from individual donors.
Simon disclosed $155.4K of spending. This was the 623rd most from all Q1 reports we have seen from politicians so far this year.
Simon disclosed $712.4K of cash on hand at the end of the filing period. This was the 521st most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Lateefah Simon's fundraising on Quiver Quantitative.
Lateefah Simon Net Worth
Quiver Quantitative estimates that Lateefah Simon is worth $233.6K, as of May 7th, 2026. This is the 436th highest net worth in Congress, per our live estimates.
Simon has approximately $58.6K invested in publicly traded assets which Quiver is able to track live.
You can track Lateefah Simon's net worth on Quiver Quantitative's politician page for Simon.
Lateefah Simon Bill Proposals
Here are some bills which have recently been proposed by Lateefah Simon:
- H.R.8426: Crime Survivor Support and Stability Act of 2026
- H.R.8128: Same-Day Paratransit Innovation Act
- H.R.7298: Connecting Communities Through Transit Planning Act of 2026
- H.R.6069: RIDER Safety Act
- H.R.5096: Disability and Age in Jury Service Nondiscrimination Act
- H.R.3736: The Small Business Representation in Contracting Rulemaking Act
You can track bills proposed by Lateefah Simon on Quiver Quantitative's politician page for Simon.
2026 California's 12th Congressional District Election
There has been approximately $2,335,569 of spending in California's 12th congressional district elections over the last two years, per our estimates.
Approximately $11,019 of this has been from outside spending by PACs and Super PACs.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 California's 12th congressional district election.