On May 1, U.S. Representative Young Kim (CA-40), who serves on the House Financial Services Committee, released the following statement on the announcement of JP Morgan Chase taking over First Republic Bank following an auction put on by the Federal Deposit Insurance Corporation (FDIC).
U.S. Representative Young Kim (CA-40), who serves on the House Financial Services Committee, released the following statement on reports released today by the Federal Reserve, the Federal Deposit Insurance Corporation, and the Government Accountability Office on recent bank failures.
On April 28, as we celebrate the 70th anniversary of the US-ROK alliance and welcome South Korean President Yoon Suk Yeol to Washington, House Foreign Affairs Subcommittee on the Indo-Pacific Chairwoman Young Kim (CA-40) and Ranking Member Ami Bera (CA-06) introduced the North Korean Human Rights Reauthorization Act of 2023.
On April 28, Financial Literacy and Wealth Creation Caucus Co-Chairs Young Kim (CA-40) and Joyce Beatty (OH-03) introduced a bipartisan resolution (H.Res.291) honoring April as Financial Literacy Month.
On April 27, U.S. Representatives Young Kim (CA-40 and Abigail Spanberger (VA-07) introduced a bipartisan bill to fix a flaw in the U.S. tax code that unfairly penalizes American taxpayers waiting on delayed tax refunds.
On April 26, U.S. Representative Young Kim (CA-40), Vice Chairwoman of the Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, joined Subcommittee Chairman Blaine Luetkemeyer (MO-03) to take action against national security concerns posed by TikTok by introducing the Time Is Up Act of 2023.
In April 2023, the median sale price of a home in Orange County fell by $83,500 from the same period in the previous year, while total sales decreased by 40.8%.
By March 22, three organizations registered within Orange County had donated to the Black Lives Matter movement, according to the BLM Funding Database.
On April 25, U.S. Representatives Young Kim (CA-40), Paul Tonko (NY-21), Bruce Westerman (AR-04), Ed Case (HI-01), and Raul Grijalva (AZ-07) introduced a bipartisan resolution to designate the month of April as “Mathematics and Statistics Awareness Month” and recognize the importance of STEM education.
On April 26, as South Korean President Yoon Suk Yeol makes his first visit to the United States, House Foreign Affairs Subcommittee on the Indo-Pacific Chairwoman Young Kim (CA-40) joined Rep. Gerry Connolly (D-VA), the co-chair of the Congressional Caucus on Korea, Senator Mazie Hirono (D-HI), and Senator Markwayne Mullin (R-OK) to introduce the Partner with Korea Act, bipartisan legislation that builds on the U.S.-Korea Free Trade Agreement (KORUS FTA) and encourages greater ties between American and Korean businesses.
On April 26, the House Financial Services Committee passed the Improving Access to Small Business Information Act (H.R. 1548), a bipartisan bill led by U.S. Representatives Young Kim (CA-40) and Josh Gottheimer (NJ-05) to reduce red tape and streamline the SEC’s Office of the Advocate for Small Business Capital Formation process to gather timely information.
On April 25, Congresswoman Young Kim (CA-40) and Congressman Joaquin Castro (TX-20) and introduced the Fostering Innovation in Global Development Act, bipartisan legislation that would improve the U.S. approach to foreign aid by authorizing $45 million annually for USAID to identify and scale effective methods of foreign aid delivery, including those originating in the private sector.
On April 24,U.S. Representative Young Kim (CA-40), who serves as Chairwoman of the House Foreign Affairs Subcommittee on the Indo-Pacific,introduced a bipartisan resolution reaffirming the United States support for South Korea as we celebrate the 70th anniversary of the US-ROK alliance and Republic of Korea president Yoon Suk-Yeol visits Washington.
On April 24, U.S. Representatives Young Kim (CA-40), Mike Levin (CA-49), Mike Lawler (NY-17), and Brendan Boyle (PA-02) introduced the Prevent Family Fire Act to help reduce gun violence, suicide, and accidental shootings by providing a tax credit for retailers to who promote the sale of safe storage devices for firearms.
There were 24 professional licenses issued in Orange County during the first quarter of 2023, according to California’s Department of Consumer Affairs.