SCAM Act
Summary
The SCAM Act (HR7156) is an early-stage immigration bill expanding civil denaturalization grounds. It has no direct market impact as it does not authorize spending, create contracts, or regulate any publicly traded sector. No tickers meet the confidence gate for inclusion.
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Key Takeaways
- 1.Bill is early-stage with no market-moving provisions.
- 2.No funding authorized or appropriated.
- 3.No public companies directly affected.
Market Implications
No market implications. The bill does not affect any publicly traded sector or company.
Full Analysis
On January 20, 2026, Rep. Emmer introduced HR7156, the Stop Citizenship Abuse and Misrepresentation Act, which was referred to the House Judiciary Committee. The bill expands civil denaturalization grounds for naturalized citizens who defrauded a government program, joined a terrorist organization, or committed certain crimes. It is in the earliest legislative stage with no committee hearings or markups. The bill authorizes no funding and creates no procurement or regulatory mechanism affecting public companies. The companion bill S3674 is also in early Senate stages. Given the procedural status and lack of economic provisions, the market impact is negligible. No tickers meet the confidence threshold for inclusion.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Executive Order: Promoting Efficiency, Accountability, and Performance in Federal Contracting
Executive Order: Accelerating Medical Treatments for Serious Mental Illness
ADVANCED TECHNOLOGY INTERNATIONAL: $304M Department of Health and Human Services Contract
Protecting Health Care and Lowering Costs Act of 2025
DELL FEDERAL SYSTEMS L.P: $602M Department of Veterans Affairs Contract
Consolidated Appropriations Act, 2026
OPTUM PUBLIC SECTOR SOLUTIONS, INC.: $1.1B Department of Veterans Affairs Contract
Executive Order: Realigning United States Core Childhood Vaccine Recommendations with Best Practices from Peer, Developed Countries
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Implementing Schedule Policy/Career in the Excepted Service
This executive order expands the Schedule Policy/Career excepted service category, transferring certain federal positions from competitive service to at-will employment to facilitate removal for poor performance or misconduct. It directs agency heads to petition for reclassification of policy-influencing roles, mandates performance bonus pools for these employees, and amends civil service rules to exempt them from standard adverse action procedures.
Realigning United States Core Childhood Vaccine Recommendations with Best Practices from Peer, Developed Countries
This executive order directs the CDC and ACIP to review and potentially update the U.S. childhood vaccine schedule to align with recommendations from peer developed countries, which recommend fewer vaccines. It maintains insurance coverage for all currently available vaccines without cost sharing and emphasizes protecting religious liberty and parental authority.
Promoting Efficiency, Accountability, and Performance in Federal Contracting
This executive order mandates that federal agencies default to using fixed-price contracts for procurement, shifting away from cost-reimbursement models. It requires written justification and senior-level approval for any non-fixed-price contract over certain dollar thresholds (e.g., $10M for most agencies, $100M for the Department of War), and directs agencies to review and renegotiate their 10 largest non-fixed-price contracts within 90 days. The order also tasks OMB with implementation guidance and the Federal Acquisition Regulatory Council with proposing regulatory amendments within 120 days.