Federal funding of $39.7 million announced for Maryland's Tradepoint Atlantic to expand freight capacity at the Port of Baltimore.
Quiver AI Summary
Federal funding announcement: U.S. Representative Kweisi Mfume, Senators Chris Van Hollen and Angela Alsobrooks, and Representatives Sarah Elfreth and Johnny Olszewski announced a federal funding allocation of $39,662,903 to the Maryland Economic Development Corporation (MEDCO). This investment aims to expand freight handling capacity at the Tradepoint Atlantic terminal in Baltimore.
Impact on local economy: The funding will support the construction of a new container terminal, potentially increasing cargo capacity by 70% and creating approximately 1,100 jobs with the International Longshoremen Association. Officials emphasized the project's role in revitalizing local economies and enhancing supply chain resilience.
Statements from officials: Congressman Mfume highlighted the project as a significant economic opportunity, while Senator Van Hollen noted its importance in supporting union jobs. State and local leaders reiterated the potential benefits for communities and the broader economy, expressing gratitude for the federal investment.
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.
Check out the Quiver Quantitative API to build on top of data on congressional stock trading, insider transactions, hedge fund moves, and more.
Kweisi Mfume Fundraising
Kweisi Mfume recently disclosed $85.2K of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 850th most from all Q1 reports we have seen this year. 40.1% came from individual donors.
Mfume disclosed $40.1K of spending. This was the 1162nd most from all Q1 reports we have seen from politicians so far this year.
Mfume disclosed $793.1K of cash on hand at the end of the filing period. This was the 494th most from all Q1 reports we have seen this year.
You can see the disclosure here, or track Kweisi Mfume's fundraising on Quiver Quantitative.
Kweisi Mfume Net Worth
Quiver Quantitative estimates that Kweisi Mfume is worth $1.1M, as of April 24th, 2026. This is the 324th highest net worth in Congress, per our live estimates.
Mfume has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Kweisi Mfume's net worth on Quiver Quantitative's politician page for Mfume.
Kweisi Mfume Bill Proposals
Here are some bills which have recently been proposed by Kweisi Mfume:
- H.R.7915: Clarence Mitchell, Jr. Statue Act
- H.R.7740: African American History Act of 2026
- H.R.7549: National Council on African American History and Culture Act of 2026
- H.R.7265: Vote by Mail Tracking Act
- H.R.6467: National Museum of the Blind People’s Movement Act
- H.R.5278: Affordable Inhalers and Nebulizers Act of 2025
You can track bills proposed by Kweisi Mfume on Quiver Quantitative's politician page for Mfume.
2026 Maryland's 7th Congressional District Election
There has been approximately $676,820 of spending in Maryland's 7th congressional district elections over the last two years, per our estimates.
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Maryland's 7th congressional district election.
