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Congress Members to Disclose Foreign Business Ties

New rules require Members of Congress and their immediate families to disclose any business ties with foreign entities. This aims to increase transparency and reduce potential conflicts of interest, which may impact public trust in government.
Key points
Members of Congress must disclose their business connections with foreign companies.
The disclosure obligation also applies to the immediate family of a Congress member.
If such ties exist, detailed information about their nature and the foreign entity must be provided.
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Status: Expired
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Additional Information
Print number: 117_HR_661
Sponsor: Rep. Posey, Bill [R-FL-8]
Process start date: 2021-02-01