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Enhanced Transparency and Stock Trading Ban for Government Officials

The STOCK Act 2.0 aims to increase financial transparency among high-ranking government officials, including Members of Congress, judges, and Federal Reserve officials. It introduces new rules for reporting payments received from the federal government and bans stock trading to prevent conflicts of interest. This will give citizens better insight into the finances of individuals holding important public positions.
Key points
High-ranking officials, including their spouses and dependent children, must report any payments received from the federal government, such as loans or grants.
Members of Congress, the President, Vice President, Supreme Court Justices, and Federal Reserve officials are prohibited from buying or selling stocks, commodities, futures, or cryptocurrencies.
All financial and transaction reports will be publicly available online in an easily searchable format, increasing citizen oversight.
Failure to report required transactions or payments will result in a $500 fine.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3612
Sponsor: Sen. Gillibrand, Kirsten E. [D-NY]
Process start date: 2022-02-09
Lustra uses Artificial Intelligence. Verify details in source documents.
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_S_3612.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-02-09.

What are the main provisions?

Key points include:

  • High-ranking officials, including their spouses and dependent children, must report any payments received from the federal government, such as loans or grants.
  • Members of Congress, the President, Vice President, Supreme Court Justices, and Federal Reserve officials are prohibited from buying or selling stocks, commodities, futures, or cryptocurrencies.
  • All financial and transaction reports will be publicly available online in an easily searchable format, increasing citizen oversight.
  • 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 Sen. Gillibrand, Kirsten E. [D-NY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Courts and Law Economy