Congresswoman Ross and Senator Reed introduced a bill to regulate predatory practices in 'Buy Now, Pay Later' services.
Quiver AI Summary
Congresswoman Ross and Senator Reed introduce new legislation: Congresswoman Deborah Ross and Senator Jack Reed have introduced the Buy Now, Pay Later Protection Act to safeguard consumers from predatory practices associated with ‘Buy Now, Pay Later’ (BNPL) services. This follows a surge in BNPL usage during the holiday shopping season, with over $1 billion in purchases reported.
Concerns over consumer protection: Ross emphasized that while BNPL can be beneficial, it often includes hidden fees and can lead to significant debt. The proposed bill aims to amend the Truth in Lending Act to extend consumer protections similar to those provided for credit cards, ensuring clearer terms and increased transparency.
Support for consumer rights: Senator Reed added that responsible BNPL options can be useful but highlighted the necessity of establishing regulations to protect consumers from potential financial risks. The full text of the bill is available on Ross's website.
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.
Deborah K. Ross Fundraising
Deborah K. Ross recently disclosed $320.9K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 298th most from all Q3 reports we have seen this year. 67.0% came from individual donors.
Ross disclosed $134.3K of spending. This was the 458th most from all Q3 reports we have seen from politicians so far this year.
Ross disclosed $1.1M of cash on hand at the end of the filing period. This was the 309th most from all Q3 reports we have seen this year.
You can see the disclosure here, or track Deborah K. Ross's fundraising on Quiver Quantitative.
Deborah K. Ross Net Worth
Quiver Quantitative estimates that Deborah K. Ross is worth $5.6M, as of December 18th, 2025. This is the 163rd highest net worth in Congress, per our live estimates.
Ross has approximately $1.3M invested in publicly traded assets which Quiver is able to track live.
You can track Deborah K. Ross's net worth on Quiver Quantitative's politician page for Ross.
Deborah K. Ross Bill Proposals
Here are some bills which have recently been proposed by Deborah K. Ross:
- H.R.6816: Shadow Docket Sunlight Act of 2025
- H.R.6762: To prohibit the Secretary of Homeland Security from implementing any policy that would require the personal approval of the Secretary of any expenditure of the Federal Emergency Management Agency of $100,000 or more, and for other purposes.
- H.R.5921: Redistricting Transparency and Accountability Act of 2025
- H.R.5528: America’s CHILDREN Act of 2025
- H.R.5444: Medical Laboratory Personnel Shortage Relief Act of 2025
- H.R.4959: Land of the Free Act of 2025
You can track bills proposed by Deborah K. Ross on Quiver Quantitative's politician page for Ross.
