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Press Release: Young Kim Introduces FLEETS Now Act to Counter China’s Dominance in Global Shipbuilding

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Congresswoman Young Kim introduced the FLEETS Now Act to enhance U.S. shipbuilding and counter China's maritime dominance.

Quiver AI Summary

Congresswoman Young Kim introduces FLEETS Now Act: Today, Congresswoman Young Kim (CA-40) unveiled the Facilitating Leadership and Expertise through Exchange and Training in Shipbuilding (FLEETS) Now Act, aiming to address China's dominance in the shipbuilding industry, which reportedly encompasses over 50% of global capacity.

Goals of the FLEETS Act: The legislation seeks to enhance U.S. maritime capacity by coordinating efforts among various government agencies and fostering partnerships with allied nations. Kim emphasized the need to restore American competitiveness in shipping and protect U.S. interests on the global stage.

Support from colleagues: Representatives expressing support include Radewagen and Lawler, who highlighted the strategic importance of a robust U.S. maritime presence and the urgency of countering foreign threats that threaten U.S. supply chains and national security.

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.

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Young Kim Fundraising

Young Kim Fundraising

Young Kim recently disclosed $1.2M of fundraising in a Q1 FEC disclosure filed on April 15th, 2026. This was the 58th most from all Q1 reports we have seen this year. 74.1% came from individual donors.

Kim disclosed $1.0M of spending. This was the 80th most from all Q1 reports we have seen from politicians so far this year.

Kim disclosed $5.8M of cash on hand at the end of the filing period. This was the 48th most from all Q1 reports we have seen this year.

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

Young Kim Net Worth

Quiver Quantitative estimates that Young Kim is worth $3.6M, as of May 1st, 2026. This is the 198th highest net worth in Congress, per our live estimates.

Kim has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Young Kim's net worth on Quiver Quantitative's politician page for Kim.

Young Kim Bill Proposals

Here are some bills which have recently been proposed by Young Kim:

You can track bills proposed by Young Kim on Quiver Quantitative's politician page for Kim.

2026 California's 40th Congressional District Election

There has been approximately $40,939,091 of spending in California's 40th congressional district elections over the last two years, per our estimates.

Approximately $22,712,941 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 California's 40th congressional district election.

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