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Federal Officials Investment and Lobbying Ban

This act aims to restore public trust in federal officials. It introduces new rules on investments that federal officials and their families can hold, limits their outside earned income, and restricts their lobbying activities after leaving office. The goal is to prevent conflicts of interest and increase transparency in public service.
Key points
Federal officials and their family members are prohibited from owning or trading certain investments like securities or commodities. They have 90 days to divest.
Violations of the investment ban will result in financial penalties, including loss of monthly salary for high-ranking officials and Members of Congress.
A public list of individuals violating these rules will be made available by ethics offices.
Members of Congress are generally prohibited from earning outside income, with exceptions for teaching and medical practice, and cannot serve on corporate boards (except non-profits).
A lifetime lobbying ban is imposed on former Members of Congress, and a one-year ban for certain House of Representatives staff.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6844
Sponsor: Rep. Kim, Andy [D-NJ-3]
Process start date: 2022-02-25
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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

Restoring Trust in Public Servants Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6844.

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 2022-02-25.

What are the main provisions?

Key points include:

  • Federal officials and their family members are prohibited from owning or trading certain investments like securities or commodities. They have 90 days to divest.
  • Violations of the investment ban will result in financial penalties, including loss of monthly salary for high-ranking officials and Members of Congress.
  • A public list of individuals violating these rules will be made available by ethics offices.
  • Members of Congress are generally prohibited from earning outside income, with exceptions for teaching and medical practice, and cannot serve on corporate boards (except non-profits).
  • A lifetime lobbying ban is imposed on former Members of Congress, and a one-year ban for certain House of Representatives staff.
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. Kim, Andy [D-NJ-3].

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 Public Investments