Senator Adam Schiff and Congressman Dave Min introduced a bill to enhance financial disclosure transparency for government officials.
Quiver AI Summary
Senators Introduce Financial Disclosure Modernization Act: U.S. Senator Adam Schiff and Congressman Dave Min have introduced the Financial Disclosure Modernization Act aimed at enhancing transparency regarding financial disclosures of government officials. The bill seeks to update outdated monetary value categories, addressing the growing wealth of officials.
Quotes from Legislators: Senator Schiff stated, “Elected officials should be serving the public interest, not their own personal financial interest...,” while Congressman Min emphasized the need for transparency to reflect the current financial landscape. They advocate for reform to bolster public trust and accountability.
Details of the Legislation: The proposed legislation aims to expand financial reporting categories, introducing an upper limit of "greater than $1 billion" to better capture substantial assets. This update is in response to the limitations of the existing Ethics in Government Act, which currently caps disclosures at $5 million for income and $50 million for other holdings.
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.
Adam B. Schiff Fundraising
Adam B. Schiff recently disclosed $1.4M of fundraising in a Q4 FEC disclosure filed on January 31st, 2026. This was the 35th most from all Q4 reports we have seen this year. 99.0% came from individual donors.
Schiff disclosed $572.9K of spending. This was the 102nd most from all Q4 reports we have seen from politicians so far this year.
Schiff disclosed $9.6M of cash on hand at the end of the filing period. This was the 22nd most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Adam B. Schiff's fundraising on Quiver Quantitative.
Adam B. Schiff Net Worth
Quiver Quantitative estimates that Adam B. Schiff is worth $2.1M, as of February 11th, 2026. This is the 249th highest net worth in Congress, per our live estimates.
Schiff has approximately $1.2M invested in publicly traded assets which Quiver is able to track live.
You can track Adam B. Schiff's net worth on Quiver Quantitative's politician page for Schiff.
Adam B. Schiff Bill Proposals
Here are some bills which have recently been proposed by Adam B. Schiff:
- S.3813: A bill to require a notice be submitted to the Register of Copyrights with respect to copyrighted works used in building generative artificial intelligence models, and for other purposes.
- S.3720: A bill to amend the National Trails System Act to direct the Secretary of the Interior to conduct a study on the feasibility of designating the Bay Area Ridge as a national scenic trail, and for other purposes.
- S.3669: Plant-Powered School Meals Pilot Act
- S.3620: Emergency Rural Water Response Act of 2026
- S.3559: A bill to desginate the community-based outpatient clinic of the Department of Veterans Affairs in San Jose, California, as the "Corporal Patrick D. Tillman VA Clinic".
- S.3539: A bill to require the release of video of strikes conducted on September 2, 2025, against designated terrorist organizations in the area of responsibility of the United States Southern Command.
You can track bills proposed by Adam B. Schiff on Quiver Quantitative's politician page for Schiff.
2030 California US Senate Election
There has been approximately $65,826,106 of spending in California US Senate elections over the last two years, per our estimates.
Approximately $29,351,586 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- STANDING STRONG PAC ($15,972,449)
- FAIRSHAKE ($12,885,153)
- REFORM LEADERS PAC ($345,746)
- OVRSITE PAC ($92,420)
- DMFI PAC ($31,670)
You can track this election on our matchup page for the 2030 California US Senate election.