House passes bipartisan bill to strengthen oversight and financial safeguards for SBA disaster loans.
Quiver AI Summary
House passes Davis-led bill: The U.S. House passed H.R. 4238, the Disaster Loan Accountability and Reform Act, a bill backed by Rep. Don Davis and co-led with Rep. Tim Moore. The measure aims to increase oversight, transparency, and financial accountability in the Small Business Administration’s disaster loan program.
Bill would add reporting and safeguards: According to the release, the legislation would require monthly reports on the disaster loan fund, use a 10-year average to guide budget projections, and add safeguards if reserves fall below certain levels. It also calls for a review of recent problems and recommendations to avoid future funding disruptions.
Context cited by sponsors: The release says the bill responds to a 2024 loan shortfall that left the SBA’s disaster loan account without funds for more than two months, delaying help after Hurricane Helene. A companion bill has been introduced in the Senate and passed committee unanimously, the release says.
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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Donald G. Davis Fundraising
Donald G. Davis recently disclosed $658.0K of fundraising in a Q1 FEC disclosure filed on April 14th, 2026. This was the 153rd most from all Q1 reports we have seen this year. 60.9% came from individual donors.
Davis disclosed $103.5K of spending. This was the 820th most from all Q1 reports we have seen from politicians so far this year.
Davis disclosed $2.9M of cash on hand at the end of the filing period. This was the 147th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Donald G. Davis's fundraising on Quiver Quantitative.
Donald G. Davis Net Worth
Quiver Quantitative estimates that Donald G. Davis is worth $40.5K, as of June 26th, 2026. This is the 473rd highest net worth in Congress, per our live estimates.
Davis has approximately $0 invested in publicly traded assets which Quiver is able to track live.
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Donald G. Davis Bill Proposals
Here are some bills which have recently been proposed by Donald G. Davis:
- H.R.7530: Assistance for Rural Water Systems Act of 2026
- H.R.6433: Rural Uplift and Revitalization Assistance Act
- H.R.6385: Farm Transitions Act of 2025
- H.R.6295: The Working for Tips Tax Relief Act of 2025
- H.R.5939: USMC Helicopter Support in Vietnam Congressional Gold Medal Act
- H.R.5837: Restoring Electoral Stability to Enhance Trust (RESET) Act of 2025
You can track bills proposed by Donald G. Davis on Quiver Quantitative's politician page for Davis.
2026 North Carolina's 1st Congressional District Election
There has been approximately $49,519,741 of spending in North Carolina's 1st congressional district elections over the last two years, per our estimates.
Approximately $32,275,436 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- HMP ($15,065,110)
- DCCC ($5,453,049)
- NATIONAL ASSOCIATION OF REALTORS CONGRESSIONAL FUND ($2,779,889)
- FAIRSHAKE ($2,200,850)
- NRCC ($1,446,276)
The rating for this race is currently "Lean R".
You can track this election on our matchup page for the 2026 North Carolina's 1st congressional district election.
