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Press Release: Zoe Lofgren Seeks Answers on $1.4 Billion in Unspent NSF Funds

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Lofgren urges NSF to explain why over $1.4 billion in congressionally approved research funds went unspent.

Quiver AI Summary

Lofgren questions NSF spending: Ranking Member Zoe Lofgren said she sent a letter to Brian Stone, NSF’s chief of staff, asking for an explanation of more than $1 billion in congressionally approved funds that she says were not spent by the end of fiscal 2026.

She cites budget concerns: In the letter, Lofgren said NSF “violated Congress’ power of the purse” by not spending $1.4 billion, which she described as nearly 20% of the agency’s research budget. She said the committee has not been given a full explanation for the unspent funds.

Broader implications raised: Lofgren also said the withheld money appears similar to funding reportedly being redirected to other White House-backed research priorities, and said the cut could significantly affect the U.S. research enterprise. The letter was posted publicly by her office.

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.

Zoe Lofgren Fundraising

Zoe Lofgren Fundraising

Zoe Lofgren recently disclosed $24.1K of fundraising in a Pre-General FEC disclosure filed on October 20th, 2026. This was the 593rd most from all Pre-General reports we have seen this year. 89.6% came from individual donors.

Lofgren disclosed $142.2K of spending. This was the 356th most from all Pre-General reports we have seen from politicians so far this year.

Lofgren disclosed $602.4K of cash on hand at the end of the filing period. This was the 341st most from all Pre-General reports we have seen this year.

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

Zoe Lofgren Net Worth

Quiver Quantitative estimates that Zoe Lofgren is worth $6.1M, as of October 31st, 2026. This is the 154th highest net worth in Congress, per our live estimates.

Lofgren has approximately $1.3M invested in publicly traded assets which Quiver is able to track live.

You can track Zoe Lofgren's net worth on Quiver Quantitative's politician page for Lofgren.

Zoe Lofgren Bill Proposals

Here are some bills which have recently been proposed by Zoe Lofgren:

  • H.R.10935: To direct the Secretary of the Interior to offer for sale certain Bureau of Land Management land in Monterey County, California, and for other purposes.
  • H.R.10575: Deterring Extraterritorial Foreign Exploitation of Networks Damaging Intellectual Property (DEFEND IP) Act of 2026
  • H.R.10574: American Leadership in Fusion Act
  • H.R.9439: Voluntary Consumer AI Disclosure Pilot Act
  • H.R.9334: Workforce for AI Trust Act
  • H.R.9259: Fair Day in Court for Kids Act of 2026

You can track bills proposed by Zoe Lofgren on Quiver Quantitative's politician page for Lofgren.

2026 California's 18th Congressional District Election

There has been approximately $2,628,020 of spending in California's 18th congressional district elections over the last two years, per our estimates.

Approximately $109,274 of this has been from outside spending by PACs and Super PACs.

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

You can track this election on our matchup page for the 2026 California's 18th congressional district election.

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