Mike Crapo

Rule Changes

Sitting senator; co-author of the underlying law

For decades, a bank, a fund, and a city government filed financial data to US regulators in formats that could not talk to each other. On June 25, 2026, nine agencies published a joint rule forcing all of them onto one machine-readable system.

Updated Jun 25

Rule Changes

Lead Senate author of Secure Rural Schools Reauthorization Act of 2025

President Donald Trump signed the Secure Rural Schools reauthorization into law on December 18, 2025, ending a two-year funding cliff that had devastated more than 700 forested counties. The bill directs the USDA Forest Service to deliver retroactive payments for FY2024 and FY2025 within 45 days of enactment—by early February 2026—and extends the program through FY2026. Counties that had cut sheriffs' patrols, closed schools, and delayed road repairs are now budgeting for an influx of roughly $280 million per year.

Updated May 10

Money Moves

Receives OGE letters about Bessent’s noncompliance; potential gatekeeper for any Senate ethics or oversight hearings

Scott Bessent became Treasury Secretary in January 2025. An ethics agreement required him to sell substantial holdings, including up to $25 million in North Dakota soybean and corn farmland that earned as much as $1 million a year in rent. After months of delays, the Office of Government Ethics warned him in August 2025 that he'd failed to comply on time.

Updated May 10