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Bill

Bill

HR 4692

MAMDANI Act

119th Congress Introduced by Andrew Garbarino and 1 co-sponsor

The MAMDANI Act establishes a framework to identify, measure, and respond to market disruptions, protecting the economy, businesses, and consumers from volatility.

Introduced in House
0
WeVote Research Nonpartisan
Bill Summary · HR 4692

Summary of HR 4692 - MAMDANI Act

Overview

The MAMDANI Act, formally known as the Measuring Adverse Market Disruption And National Impact Act, was introduced in the House of Representatives on July 23, 2025. The primary intent of this legislation is to establish a framework for assessing and addressing adverse market disruptions that could have significant impacts on the national economy.

Purpose and Intent

The MAMDANI Act aims to:
- Identify and Measure: Create standardized methods for identifying and measuring adverse market disruptions.
- Assess Impact: Evaluate the potential national impact of these disruptions on various sectors of the economy.
- Develop Response Strategies: Facilitate the development of strategies to mitigate the effects of market disruptions.

Key Provisions

While the full text of the bill is not provided, the following key provisions can be anticipated based on the title and intent:
- Data Collection: The Act may mandate the collection of data related to market fluctuations and disruptions.
- Reporting Requirements: Agencies may be required to report findings on market disruptions to Congress and relevant stakeholders.
- Interagency Collaboration: The Act could encourage collaboration among federal agencies to share data and develop comprehensive responses to market disruptions.

Affected Parties

The MAMDANI Act is likely to impact:
- Government Agencies: Federal agencies involved in economic analysis and market regulation.
- Businesses and Industries: Sectors that are vulnerable to market disruptions, including finance, agriculture, and manufacturing.
- Consumers: Individuals who may experience the effects of market fluctuations in terms of pricing and availability of goods and services.

Legislative Process

  • Introduced: The bill was introduced in the House on July 23, 2025.
  • Referred to Committee: Following its introduction, the bill was referred to the House Committee on the Judiciary for further consideration.

Conclusion

The MAMDANI Act represents a proactive approach to understanding and managing market disruptions that could adversely affect the national economy. By establishing a framework for measurement and response, the legislation seeks to enhance economic stability and protect consumers and businesses from the fallout of market volatility. Further developments will depend on the committee's review and any subsequent actions taken by Congress.

Compiled from official sources — confirm details with the bill’s official record.

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