Today, FreedomWorks Foundation submitted a formal comment supporting a proposed rule by the National Institute of Standards and Technology that seeks to provide clarity to federal "march-in" rights under the Bayh-Dole Act of 1980. In short, the Bayh-Dole Act lays out the framework for providing inventors the title to their innovations that are either wholly or partially publicly funded. Within this framework exists a little-known provision that give federal agencies the authority to "march-in" and force title holders to provide a license for their product where they otherwise would not have, creating a loophole by which the federal government could implement price controls on private companies.

On behalf of FreedomWorks’ activist community, I urge you to contact your representative and senators and ask them to cosponsor the Right to Test Act, H.R. 719 and S. 152. Introduced by Rep. Patrick McHenry and Sen. Ted Cruz (R-Texas), the Right to Test Act would simply allow states to approve COVID-19 testing to be used in their state without the interference of the Federal Drug Administration (FDA).

Today, FreedomWorks President Adam Brandon sent a letter alongside 190 of our Oklahoma activists to the Oklahoma State Senate in strong opposition to Senate Bill 734: An Act relating to prescription drugs

THIS LEGISLATIVE SESSION, which kicks off in Florida in less than two weeks, legislators should, and in areas are poised to, continue their state's leadership on principles of free markets in critical areas.

Today, FreedomWorks Foundation submitted a formal comment opposing a proposed rule by the Financial Crimes Enforcement Network (FinCEN) regarding cryptocurrency. The proposed rule would require banks and other organizations to identify, and keep records of, all individuals who use either hosted or unhosted cryptocurrency wallets. As we pointed out in our comment excerpted below, although FinCEN has corrected their procedural errors from the first version of this Notice of Proposed Rulemaking (NPRM), the contents of this notice present an existential threat to cryptocurrencies as a whole. Not only would this proposal amount to centralizing a decentralized currency, but it would create massive security and surveillance risks that would be otherwise impossible.

Today, FreedomWorks Foundation submitted a formal comment opposing a proposed rule by the Financial Crimes Enforcement Network (FinCEN) regarding cryptocurrency. The proposed rule would require banks and other organizations to identify, and keep records of, all individuals who use either hosted or unhosted cryptocurrency wallets.

FreedomWorks Foundation's Regulatory Action Center (RAC) submitted comments to the Labor-Management Standards Office (LMSO) regarding regulatory changes to financial reporting requirements for labor unions. This proposal would increase transparency and accountability in the reporting process for labor unions by updating disclosure Form LM-2.