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Increased Transparency and Stock Trading Ban for Government Officials

The STOCK Act 2.0 introduces new rules for senior officials, their spouses, and dependent children to report payments received from the federal government. It also bans stock trading and other investments for certain officials to prevent conflicts of interest. This aims to enhance public trust and transparency in the actions of individuals in important positions.
Key points
Senior officials, including Members of Congress, the President, Vice President, judges, and Federal Reserve officials, must report payments received from the federal government.
A ban on buying and selling stocks, commodities, futures, and cryptocurrencies is imposed on selected officials to avoid conflicts of interest.
All financial reports from officials will be publicly available online in an easily searchable format, increasing transparency.
Failure to report required transactions or payments will result in a $500 fine.
article Official text account_balance Process page
Expired
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No votes cast
Additional Information
Print number: 117_HR_6694
Sponsor: Rep. Porter, Katie [D-CA-45]
Process start date: 2022-02-09
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

STOCK Act 2.0

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6694.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-02-09.

What are the main provisions?

Key points include:

  • Senior officials, including Members of Congress, the President, Vice President, judges, and Federal Reserve officials, must report payments received from the federal government.
  • A ban on buying and selling stocks, commodities, futures, and cryptocurrencies is imposed on selected officials to avoid conflicts of interest.
  • All financial reports from officials will be publicly available online in an easily searchable format, increasing transparency.
  • Failure to report required transactions or payments will result in a $500 fine.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Porter, Katie [D-CA-45].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Courts, Intellectual Property, and the Internet.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Courts and Law Economy