STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS

STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS

Congressional Record, Volume 172 Issue 46 (Thursday, March 12, 2026) [Congressional Record Volume 172, Number 46 (Thursday, March 12, 2026)] [Senate] [Pages S1048-S1049] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS ______ By Mr. REED (for himself, Mr. Coons, Ms. Duckworth, Ms. Baldwin, Mr. Blumenthal, Ms. Klobuchar, and Mr. Kim): S. 4068. A bill to establish an AmeriCorps Administration to carry out the national and volunteer service programs, to expand participation in such programs, and for other purposes; to the Committee on Finance. Mr. REED. Mr. President, service is a core American value. We take inspiration from those who have answered the call to serve, whether in defense of our Nation abroad or in strengthening our communities at home. Finding common cause through service is how we can overcome the major social, economic, and environmental challenges of our time. That is why I am proud to join Congressman John Larson of Connecticut and Senators Coons, Duckworth, Blumenthal, Klobuchar, Baldwin, and Kim in introducing the America's Call to Improving Opportunities Now, ACTION, for National Service Act. Our legislation calls for a historic expansion of the number of service opportunities available to Americans and an increased investment in those who serve. The ACTION for National Service Act will honor our national value of service, while addressing the barriers that limit citizens' opportunities to serve. Our legislation will set us on a path to 1 million national service positions within 10 years. It will increase the education award so that an individual completing 2 full years of service will earn the equivalent of 4 years of the average instate tuition at a public college or university. The ACTION for National Service Act will also ease other financial barriers to service by increasing the living allowance and eliminating the tax liability for the education awards and living stipends. The bill calls for a robust outreach effort to ensure that all young people will be made aware of the many opportunities to serve their country and their communities. Finally, the ACTION for National Service Act calls for elevating the Corporation for National and Community Service to a Cabinet-level Agency and establishes a national service foundation to leverage private sector resources to support national service activities. Mr. President, this is the 250th anniversary of our Nation's founding. As we reflect on the values and the actions that have helped America prosper, we should recognize the essential role that service has played and restore it as a fundamental national value. We must make the commitment to invest in the education and professional development of those who are willing to dedicate their time and energy in service to their neighbors and the Nation. Developing the talents of our most committed citizens pays lifelong dividends. Our investment in the G.I. Bill not only honors our servicemembers but also enriches our Nation. Similarly, the education awards for those who have served through our national service programs have economic impacts beyond the individuals who earn them. That is the new deal that the ACTION for National Service Act offers. All AmeriCorps members take a pledge to get things done for Americans, to make communities safer, smarter, and healthier, and to bring us together. It is a pledge we all should commit ourselves to. I would like to thank the cosponsors of the ACTION for National Service Act and the over 40 organizations, including Voices for National Service, America's Service Commissions, States for Service Coalition, the Corps Network, National AmeriCorps Seniors Association, Service Year Alliance, City Year, and Campus Compact, that have endorsed this legislation. We urge our [[Page S1049]] colleagues to join us in working for its passage so we can ensure that all who aspire to serve have the opportunity to do so. ______ By Mr. DURBIN: S. 4092. A bill to amend the Social Security Act to prohibit the Social Security Trust Funds from investing in cryptocurrency; to the Committee on Finance. Mr. DURBIN. Mr. President, I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 4092 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``No Crypto in Social Security Act''. SEC. 2. PROHIBIT SOCIAL SECURITY TRUST FUNDS FROM INVESTING IN CRYPTOCURRENCY. Section 201 of the Social Security Act (42 U.S.C. 401) is amended-- (1) in subsection (d), by inserting after the second sentence the following: ``Such investment may not be made in any digital asset or any crypto-related investment.''; and (2) by adding at the end the following new subsection: ``(o) For purposes of subsection (d)-- ``(1) the term `digital asset' has the same meaning given such term in section 2 of the GENIUS Act (12 U.S.C. 5901); and ``(2) the term `crypto-related investment' means-- ``(A) any investment fund under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) related to futures on digital assets (as so defined) or on digital asset indices; ``(B) any stock or bond of a public company that-- ``(i) substantially derives its value from holdings of digital assets; or ``(ii) primarily derives revenue from providing products or services (including issuance, trading, management, distribution, custody, settlement, or similar services) related to digital assets; or ``(C) any other asset or investment whose value is tied to, or derived from, digital assets.''. ______ By Mr. WELCH (for himself and Mr. Van Hollen): S. 4095. A bill to call for accountability for the killing of innocent civilians, including 5-year-old Hind Rajab and two paramedics, in an attack in Gaza City on January 29, 2024, by Israel Defense Forces, to require the Secretary of State to report to Congress on the attack, and for other purposes; to the Committee on Foreign Relations. Mr. WELCH. Mr. President, I would like to speak briefly, if I may, on another subject. During the war in Gaza, more than 20,000 children have been killed so far. There have been thousands of atrocities in Gaza. Over 70,000 have died, and even more have been gravely injured. The Israelis' own data shows that the overwhelming majority of the people killed by Israeli forces have been civilians, and it is, regrettably, the highest proportion of civilians to combatants killed in any contemporary conflict. Today, I want to speak about one such case, the killing of Hind Rajab. Hind was the beautiful 5-year-old child whose photograph you see here next to me. ``Hind,'' by the way means ``hope.'' Hind's death is the subject of a film that has been nominated for an Academy Award on Sunday. The film follows the killing of Hind, the killing of her four cousins, her aunt, her uncle, and two paramedics who were sent to rescue her. It does feature a recording of Hind's voice pleading for help that never arrives. It is a virtual certainty that the weapons and ammunition provided by American taxpayer dollars were used in this crime. We know this based on forensic investigation of her family's car, where 335 bullet holes were counted. Despite requests from the Biden State Department, Israel has produced no evidence that it has held anyone accountable for this atrocity. That is why today I am introducing the Justice for Hind Rajab Act, along with my colleague in the House of Representatives, Representative Sara Jacobs of California. Our bill raises a simple question. Something must be done about this crime. The U.S. Government must--must--do its part to hold those responsible accountable as some small measure of justice for the thousands of children who have been killed in this war and that continues to this day. ____________________

Referenced legislation: S4068, S4092, S4095