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Press Release: Steve Cohen Introduces Controlled Substances Act Reform Bill

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Congressman Cohen proposes major federal drug policy reforms, emphasizing public health, scientific research, and sentencing changes.

Quiver AI Summary

Bill introduced: Rep. Steve Cohen said he has introduced the Public Health and Research Reforms in Controlled Substances Act, a proposal to revise major parts of the 1970 Controlled Substances Act. He described it as an effort to update federal drug policy around “public health,” “equal justice,” and “scientific accuracy.”

Main changes: The bill would rework drug scheduling rules, remove weight-based mandatory minimum penalties, shift some authority to the Department of Health and Human Services, and expand research provisions. It would also begin reviews of about 30 substances, including fentanyl, morphine, methamphetamine, psilocybin and ibogaine.

Additional details: The release says the measure would keep enforcement tools against major traffickers, create clearer research licensing rules, and remove marijuana from the CSA. It was endorsed by several drug-policy groups, and Cohen said the bill reflects a long-overdue review of federal drug law.

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.

Steve Cohen Fundraising

Steve Cohen Fundraising

Steve Cohen recently disclosed $0 of fundraising in a Q3 FEC disclosure filed on October 15th, 2026. This was the 1532nd most from all Q3 reports we have seen this year. nan% came from individual donors.

Cohen disclosed $55.5K of spending. This was the 991st most from all Q3 reports we have seen from politicians so far this year.

Cohen disclosed $1.8M of cash on hand at the end of the filing period. This was the 204th most from all Q3 reports we have seen this year.

You can see the disclosure here, or track Steve Cohen's fundraising on Quiver Quantitative.

Steve Cohen Net Worth

Quiver Quantitative estimates that Steve Cohen is worth $10.7M, as of October 29th, 2026. This is the 110th highest net worth in Congress, per our live estimates.

Cohen has approximately $3.9M invested in publicly traded assets which Quiver is able to track live.

You can track Steve Cohen's net worth on Quiver Quantitative's politician page for Cohen.

Steve Cohen Bill Proposals

Here are some bills which have recently been proposed by Steve Cohen:

  • H.R.10909: Deaths in Custody Reporting Reform Act
  • H.R.10844: Mobile Stroke Units Improve Health Outcomes Act of 2026
  • H.R.10653: Police Training and Independent Review Act of 2026
  • H.R.10517: Fair Fees Act
  • H.R.10516: FAIR Fees Act of 2026
  • H.R.9670: Medical Bankruptcy Fairness Act of 2026

You can track bills proposed by Steve Cohen on Quiver Quantitative's politician page for Cohen.

2026 Tennessee's 9th Congressional District Election

There has been approximately $13,604,724 of spending in Tennessee's 9th congressional district elections over the last two years, per our estimates.

Approximately $4,856,776 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

The rating for this race is currently "Solid R".

You can track this election on our matchup page for the 2026 Tennessee's 9th congressional district election.

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