Senator Bernie Moreno introduces the HIRE Act to penalize outsourcing and support American workforce development.
Quiver AI Summary
Senator Bernie Moreno (R-Ohio) has introduced the HIRE Act, aiming to combat outsourcing and support American workers. The proposed legislation would impose a 25% tax on companies employing foreign labor, redirecting funds to workforce development programs. Moreno stated, "If companies want to hire foreign workers... my bill will hit them where it hurts: their pocketbooks."
The HIRE Act also prohibits companies from deducting outsourcing payments and establishes a Domestic Workforce Fund. Moreno's initiative follows his previous efforts to penalize executives for hiring illegal immigrants, reinforcing his commitment to enhance job opportunities for American workers.
For more information, the full text of the bill is available on Moreno's official website.
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.
Bernie Moreno Net Worth
Quiver Quantitative estimates that Bernie Moreno is worth $139.0M, as of September 5th, 2025. This is the 14th highest net worth in Congress, per our live estimates.
Moreno has approximately $545.3K invested in publicly traded assets which Quiver is able to track live.
You can track Bernie Moreno's net worth on Quiver Quantitative's politician page for Moreno.
Bernie Moreno Bill Proposals
Here are some bills which have recently been proposed by Bernie Moreno:
- S.2359: SAFE HIRE Act
- S.2320: Compressed Gas Cylinder Safety and Oversight Improvements Act of 2025
- S.1771: Larry Henderson Act
- S.1653: USA CAR Act
- S.1492: Deploying American Blockchains Act of 2025
- S.1388: PROTECT Act of 2025
You can track bills proposed by Bernie Moreno on Quiver Quantitative's politician page for Moreno.
Bernie Moreno Fundraising
Bernie Moreno recently disclosed $140.1K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 549th most from all Q2 reports we have seen this year. 56.3% came from individual donors.
Moreno disclosed $217.6K of spending. This was the 243rd most from all Q2 reports we have seen from politicians so far this year.
Moreno disclosed $1.1M of cash on hand at the end of the filing period. This was the 285th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Bernie Moreno's fundraising on Quiver Quantitative.
