Allow financial institutions additional time to investigate suspicious checks and wire transfers before funds are released to help prevent payment fraud.

Young Kim · California · Republican

policy impact 0.61 specificity 0.86 extraction confidence 95%

Commitment kind: unknown. Promised action: not established. Promised outcome: not established. Deadline: unknown; not assumed expired.

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Occurrences

The STOP Payments Fraud Act closes this gap by allowing financial institutions additional time to investigate flagged checks and wire transfers before funds are released, helping prevent fraud before consumers suffer financial losses.

Young Kim introduced the STOP Payments Fraud Act to let banks place extended holds on suspicious checks and wire transfers while fraud is investigated.

Rep. Young Kim Introduces STOP Payment Fraud Act to Protect Consumers from Financial Fraud - Congresswoman Young Kim
primary · press_release · model gpt-5.4-mini

Evidence

legacy_unverified · Source version not recorded · locator unknown

GovInfo bill text shows Mrs. Kim introduced H.R. 9331 on June 18, 2026. The bill amends the Expedited Funds Availability Act for fraudulent checks and wire transfers, including reasonable-suspicion exceptions that let depository institutions delay availability while fraud indicators are investigated.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Young Kim introduced legislation directly matching the commitment, but the text is an introduced House bill, not enacted law.

partial same_term A for effort

H.R. 9331 (IH) - Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026
secondary · model gpt-5.5 · confidence 93%

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legacy_unverified · Source version not recorded · locator unknown

The House Financial Services Committee listed H.R. 9331, the STOP Payments Fraud Act of 2026, as agreed to by recorded vote 51 yeas and 0 nays on June 30, 2026, with vote FC-297.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The bill advanced out of committee, showing serious concrete action, but no evidence in the August 27-29, 2026 lookback window showed House passage, Senate passage, enactment, or agency implementation.

partial same_term A for effort

Markup of Various Measures
secondary · model gpt-5.5 · confidence 91%

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Assessments

Public state: unverified As of unknown · legacy_unverified · . Original AI recommendation (not independently established): never. same_term A for effort

Young Kim introduced H.R. 9331, the STOP Payments Fraud Act of 2026, on June 18, 2026, and it directly matched the promise by proposing fraud-suspicion exceptions allowing depository institutions more time before releasing funds. The bill also advanced out of the House Financial Services Committee by a 51-0 vote on June 30, 2026. However, there is no evidence that it passed the House, passed the Senate, was enacted, or was implemented, so the promised policy outcome was not delivered. This qualifies as a serious same-term legislative attempt, not fulfillment.

provider codex_cli · model gpt-5.5 · confidence 91%