Senator Jim Banks celebrated his first bill signing with President Trump in the Oval Office. The legislation enhances export control transparency.
Quiver AI Summary
Senator Jim Banks (R-Ind.) met with President Trump in the Oval Office to witness the signing of the 'Maintaining American Superiority by Improving Export Control Transparency Act,' marking Banks' first legislation to become law. This bipartisan bill, co-led by Senator Mark Warner (D-Va.), passed unanimously in the Senate on July 22.
The law mandates that the Bureau of Industry and Security (BIS) annually reports on export control licensing to enhance transparency and congressional oversight of U.S. defense technologies. Senator Banks stated that the legislation aims to protect sensitive technology from falling into the hands of adversaries like China.
Rep. Ronny Jackson (TX-13) echoed this sentiment, proclaiming the act as a crucial step to secure America's technological advantages against threats from countries such as China, Russia, and Iran. The full text of the act is available online.
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.
Jim Banks Net Worth
Quiver Quantitative estimates that Jim Banks is worth $3.4M, as of August 21st, 2025. This is the 205th highest net worth in Congress, per our live estimates.
Banks has approximately $84.7K invested in publicly traded assets which Quiver is able to track live.
You can track Jim Banks's net worth on Quiver Quantitative's politician page for Banks.
Jim Banks Bill Proposals
Here are some bills which have recently been proposed by Jim Banks:
- S.2460: RESIDE Act
- S.2412: Department of Veterans Affairs Acquisition Reform Act of 2025
- S.2385: Restoring Truth and Sanity to American History Act
- S.2308: PATRIOT Parks Act
- S.2292: Over-the-Counter Monograph Drug User Fee Amendments
- S.2216: Weapons Resupply, Stockpile, and Alliance–Israel Act
You can track bills proposed by Jim Banks on Quiver Quantitative's politician page for Banks.
Jim Banks Fundraising
Jim Banks recently disclosed $296.9K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 301st most from all Q2 reports we have seen this year. 78.7% came from individual donors.
Banks disclosed $448.5K of spending. This was the 100th most from all Q2 reports we have seen from politicians so far this year.
Banks disclosed $2.7M of cash on hand at the end of the filing period. This was the 106th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Jim Banks's fundraising on Quiver Quantitative.
