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Stock Trading Ban for Congress Members and Spouses

A new bill proposes to prohibit U.S. Congress members and their spouses from buying, selling, and holding stocks and certain other financial instruments. This aims to increase public trust and prevent conflicts of interest. Citizens can expect greater transparency from their representatives.
Key points
Members of Congress and their spouses will be prohibited from trading or holding most financial instruments.
The ban covers stocks, security futures, and commodities, but excludes diversified mutual funds, ETFs, Thrift Savings Plan investments, and U.S. Treasury bonds.
Existing holdings are allowed, and new investments can be made through qualified blind trusts.
Violations may result in civil fines.
The rules will apply starting from the first day of the 120th Congress.
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Status: Introduced
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Additional Information
Print number: 119_HR_3182
Sponsor: Rep. Bresnahan, Robert P. [R-PA-8]
Process start date: 2025-05-05
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3182.

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 2025-05-05.

What are the main provisions?

Key points include:

  • Members of Congress and their spouses will be prohibited from trading or holding most financial instruments.
  • The ban covers stocks, security futures, and commodities, but excludes diversified mutual funds, ETFs, Thrift Savings Plan investments, and U.S. Treasury bonds.
  • Existing holdings are allowed, and new investments can be made through qualified blind trusts.
  • Violations may result in civil fines.
  • The rules will apply starting from the first day of the 120th Congress.
What is the specific legal status?

The current status is Introduced.

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. Bresnahan, Robert P. [R-PA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on House Administration.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law Economy