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New Rules for Officials: No Stock Trading, More Transparency

This act introduces stricter rules for high-ranking government officials, members of Congress, and their families to prevent conflicts of interest. Citizens will gain greater transparency into officials' finances, aiming to increase public trust in government. Changes include a ban on stock trading and mandatory reporting of government payments.
Key points
Bans stock and other financial instrument trading for Members of Congress, the President, Vice President, Supreme Court Justices, Federal Reserve Board members, and their spouses and dependent children.
Requires officials and their families to report all payments received from the federal government, including loans, contracts, and grants.
Increases transparency: all financial and transaction reports from officials will be publicly available online in a searchable format.
Imposes significant financial penalties for failing to report required information or violating the stock trading ban.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3779
Sponsor: Rep. Min, Dave [D-CA-47]
Process start date: 2025-06-05
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 119_HR_3779.

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 2025-06-05.

What are the main provisions?

Key points include:

  • Bans stock and other financial instrument trading for Members of Congress, the President, Vice President, Supreme Court Justices, Federal Reserve Board members, and their spouses and dependent children.
  • Requires officials and their families to report all payments received from the federal government, including loans, contracts, and grants.
  • Increases transparency: all financial and transaction reports from officials will be publicly available online in a searchable format.
  • Imposes significant financial penalties for failing to report required information or violating the stock trading ban.
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. Min, Dave [D-CA-47].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

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

CATEGORIES

Courts and Law Economy