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Press Release: Houlahan and Sessions Propose Independence Investment Fund Act to Enhance U.S. Leadership in Biotechnology

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Representatives Houlahan and Sessions propose the Independence Investment Fund Act to enhance U.S. biotechnology and technology leadership.

Quiver AI Summary

Introduction of the Independence Investment Fund Act: Representatives Chrissy Houlahan and Pete Sessions announced the introduction of the Independence Investment Fund Act, aiming to bolster U.S. leadership in biotechnology and emerging technologies. The act proposes creating a federal investment fund within the Treasury Department to assist domestic companies in critical tech sectors.

Purpose and Goals: The legislation seeks to address the "valley of death" for early-stage technologies, providing necessary funding to navigate toward commercialization. Supporters emphasize the need for strategic investment to maintain competitiveness against international adversaries, particularly China.

Support from Industry and Congress: The act has garnered backing from various congressional co-sponsors and industry organizations. Representatives from these sectors assert that the fund will enhance innovation, foster public-private partnerships, and strengthen national security in biotechnology, according to statements released.

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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Chrissy Houlahan Fundraising

Chrissy Houlahan Fundraising

Chrissy Houlahan recently disclosed $208.5K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 445th most from all Q3 reports we have seen this year. 64.7% came from individual donors.

Houlahan disclosed $114.0K of spending. This was the 532nd most from all Q3 reports we have seen from politicians so far this year.

Houlahan disclosed $3.7M of cash on hand at the end of the filing period. This was the 79th most from all Q3 reports we have seen this year.

You can see the disclosure here, or track Chrissy Houlahan's fundraising on Quiver Quantitative.

Chrissy Houlahan Net Worth

Quiver Quantitative estimates that Chrissy Houlahan is worth $2.5M, as of December 3rd, 2025. This is the 232nd highest net worth in Congress, per our live estimates.

Houlahan has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Chrissy Houlahan's net worth on Quiver Quantitative's politician page for Houlahan.

Chrissy Houlahan Bill Proposals

Here are some bills which have recently been proposed by Chrissy Houlahan:

  • H.R.6089: Biomanufacturing Excellence Act of 2025
  • H.R.6009: Defense Biotechnology Strategy Act
  • H.R.5770: National Security Biotechnology Workforce Training Act
  • H.R.4452: STEM RESTART Act
  • H.R.4329: Building Civic Bridges Act
  • H.R.3969: MARCH for Military Servicemembers Act

You can track bills proposed by Chrissy Houlahan on Quiver Quantitative's politician page for Houlahan.

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