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Ban on Defense Stock Trading for Politicians and Families

This new law aims to prevent situations where politicians and their close family members could profit financially from armed conflicts. It prohibits members of Congress, their spouses, and dependent children from owning or trading stocks in defense contractors. This measure seeks to enhance public trust in legislative integrity.
Key points
Members of Congress, their spouses, and dependent children are prohibited from owning or trading defense contractor stocks.
Current politicians have 120 or 180 days to divest existing defense-related assets.
Violations of the ban can result in a civil penalty of up to $50,000 per offense.
Exceptions are made for diversified investment funds that do not focus on defense companies.
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Status: Introduced
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Additional Information
Print number: 119_HR_1756
Sponsor: Rep. Tlaib, Rashida [D-MI-12]
Process start date: 2025-02-27