Young Kim proposes legislation allowing banks to delay suspicious transactions while investigating potential check and wire fraud.
Quiver AI Summary
Young Kim introduces fraud bill: Rep. Young Kim says she has introduced the “STOP Payments Fraud Act,” a proposal that would let financial institutions place longer holds on “suspicious checks and wire transfers” while possible fraud is investigated.
What the measure would do: The release says the bill is aimed at giving banks more time to review flagged transactions before releasing funds. It cites a rise in check fraud and says current rules can require funds to be made available quickly, even when transactions raise concerns.
Kim’s explanation: Kim said the measure is intended to help banks “stop fraud before it happens” and better protect consumers’ money. The release also says readers can view the full bill text 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.
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Young Kim Fundraising
Young Kim recently disclosed $544.1K of fundraising in a Pre-Primary FEC disclosure filed on May 21st, 2026. This was the 44th most from all Pre-Primary reports we have seen this year. 87.6% came from individual donors.
Kim disclosed $3.3M of spending. This was the 12th most from all Pre-Primary reports we have seen from politicians so far this year.
Kim disclosed $3.1M of cash on hand at the end of the filing period. This was the 55th most from all Pre-Primary 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 June 18th, 2026. This is the 199th 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:
- H.R.9062: BOOST American Business Act
- H.R.8693: Deter PRC Aggression Against Taiwan Act
- H.R.8615: FLEETS Now Act
- H.R.8445: Stop DEI Act
- H.R.8395: PACE Act of 2026
- H.R.8302: Stop Illegal Aliens Drunk Driving
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 $46,823,289 of spending in California's 40th congressional district elections over the last two years, per our estimates.
Approximately $27,333,382 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- HMP ($9,799,388)
- FAIRSHAKE ($3,627,598)
- AMERICANS 4 SECURITY PAC ($3,243,135)
- CALIFORNIA CONSERVATIVES PAC ($1,372,000)
- EVERYTOWN FOR GUN SAFETY VICTORY FUND (EVERYTOWN VICTORY FUND) ($1,120,787)
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.
