Senator John Kennedy introduces a reform bill to enhance oversight and standards at the Municipal Securities Rulemaking Board.
Quiver AI Summary
Senator Kennedy proposes MSRB reforms: U.S. Senator John Kennedy has introduced the Municipal Securities Rulemaking Board (MSRB) Reform Act, aimed at enhancing governance and oversight of the MSRB. Kennedy criticized the current board structure, suggesting it favors insiders over consumers, and highlighting the board's significant lack of accountability.
Details of the Reform Act: The proposed legislation seeks to enforce stricter standards, including ensuring that public board members are distanced from private sector entities for at least five years, while also requiring SEC approval for board members and capping their compensation. The legislation is supported by the American Securities Association.
Support for increased transparency: Chris Iacovella, President and CEO of the ASA, praised Kennedy's bill, asserting it would enhance transparency and accountability, ultimately benefiting investors and ensuring that conflicts of interest are minimized within the board's governance structure.
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.
John Kennedy Fundraising
John Kennedy recently disclosed $1.5M of fundraising in a Q4 FEC disclosure filed on January 29th, 2026. This was the 31st most from all Q4 reports we have seen this year. 99.0% came from individual donors.
Kennedy disclosed $985.2K of spending. This was the 57th most from all Q4 reports we have seen from politicians so far this year.
Kennedy disclosed $17.4M of cash on hand at the end of the filing period. This was the 4th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track John Kennedy's fundraising on Quiver Quantitative.
John Kennedy Net Worth
Quiver Quantitative estimates that John Kennedy is worth $20.1M, as of March 2nd, 2026. This is the 65th highest net worth in Congress, per our live estimates.
Kennedy has approximately $5.7M invested in publicly traded assets which Quiver is able to track live.
You can track John Kennedy's net worth on Quiver Quantitative's politician page for Kennedy.
John Kennedy Bill Proposals
Here are some bills which have recently been proposed by John Kennedy:
- S.3935: A bill to amend the Securities Exchange Act of 1934 to clarify the composition of the membership of the Municipal Securities Rulemaking Board, and for other purposes.
- S.3756: Poverty Statistics Enhancement Act
- S.3734: Close the Shadow Banking Loophole Act
- S.3430: PURE Act
- S.3293: Energy and Water Development and Related Agencies Appropriations Act, 2026
- S.3224: SPEED Act
You can track bills proposed by John Kennedy on Quiver Quantitative's politician page for Kennedy.
2028 Louisiana US Senate Election
There has been approximately $37,995,905 of spending in Louisiana US Senate elections over the last two years, per our estimates.
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2028 Louisiana US Senate election.
