Senator Jack Reed marks Social Security's 90th anniversary, proposing legislation to protect benefits and reverse prior funding cuts.
Quiver AI Summary
On August 14, 2025, U.S. Senator Jack Reed commemorated the 90th anniversary of the Social Security Act, which was signed into law by President Franklin D. Roosevelt in 1935. The Act aimed to provide reliable retirement benefits to Americans, and currently serves around 70 million individuals, including over 230,000 in Rhode Island.
During the celebration, Reed announced the "Keep Billionaires Out of Social Security Act," aimed at reversing cuts made during the Trump administration, which he claims have adversely impacted access to Social Security services. The proposed legislation seeks to improve funding, staffing, and customer service at the Social Security Administration (SSA).
Reed emphasized the importance of Social Security, stating, “we must keep its promise and ensure Social Security is strengthened and protected,” highlighting issues like staffing reductions and office closures that he argues have undermined public confidence in the program.
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.
Jack Reed Net Worth
Quiver Quantitative estimates that Jack Reed is worth $380.5K, as of August 19th, 2025. This is the 413th highest net worth in Congress, per our live estimates.
Reed has approximately $324.0K invested in publicly traded assets which Quiver is able to track live.
You can track Jack Reed's net worth on Quiver Quantitative's politician page for Reed.
Jack Reed Bill Proposals
Here are some bills which have recently been proposed by Jack Reed:
- S.2338: Strengthening Local Food Security Act of 2025
- S.1904: Ending Taxpayer Support for Big Egg Producers Act
- S.1903: A bill to prohibit changes to Medicare and Medicaid in reconciliation.
- S.1576: Stop Subsidizing Multimillion Dollar Corporate Bonuses Act
- S.1467: Homebuyers Privacy Protection Act
- S.1400: Adult Education WORKS Act
You can track bills proposed by Jack Reed on Quiver Quantitative's politician page for Reed.
Jack Reed Fundraising
Jack Reed recently disclosed $652.6K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 105th most from all Q2 reports we have seen this year. 59.9% came from individual donors.
Reed disclosed $206.1K of spending. This was the 258th most from all Q2 reports we have seen from politicians so far this year.
Reed disclosed $2.5M of cash on hand at the end of the filing period. This was the 114th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jack Reed's fundraising on Quiver Quantitative.
