The bill, S. 118, titled the "Inaugural Committee Transparency Act of 2025," aims to enhance transparency in the funding and spending of Presidential Inaugural Committees. It requires these committees to disclose detailed information about purchases of $200 or more and...
Simple Explanation
The Inaugural Committee Transparency Act of 2025 is like a set of rules that help make sure people know where the money goes when someone becomes President. It makes the groups planning the big party tell everyone about big spending and donations, stops money from people who don't live in the country, and makes sure leftover money goes to help others.