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Stock Trading Ban for Congress Members and Families

This act aims to boost public trust by prohibiting members of Congress, their spouses, and dependents from owning or trading stocks and other investments. Citizens can expect greater transparency and integrity from their representatives, as this eliminates potential conflicts of interest. These changes are designed to ensure that political decisions are made in the public interest, not for personal financial gain.
Key points
Members of Congress, their spouses, and dependent children will be required to divest covered investments within 180 days (or 90 days of becoming a covered individual).
The ban covers securities, commodities, futures, and comparable economic interests, but excludes widely held diversified investment funds, U.S. Treasury bills, and certain other exceptions.
Violations will result in financial penalties equal to 10% of the investment's value and disgorgement of profits from illegal transactions, payable to the U.S. Treasury.
Information on assessed fines will be publicly published by supervising ethics offices, enhancing transparency and accountability.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_5106
Sponsor: Rep. Roy, Chip [R-TX-21]
Process start date: 2025-09-03
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

Restore Trust in Congress Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_5106.

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 2025-09-03.

What are the main provisions?

Key points include:

  • Members of Congress, their spouses, and dependent children will be required to divest covered investments within 180 days (or 90 days of becoming a covered individual).
  • The ban covers securities, commodities, futures, and comparable economic interests, but excludes widely held diversified investment funds, U.S. Treasury bills, and certain other exceptions.
  • Violations will result in financial penalties equal to 10% of the investment's value and disgorgement of profits from illegal transactions, payable to the U.S. Treasury.
  • Information on assessed fines will be publicly published by supervising ethics offices, enhancing transparency and accountability.
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. Roy, Chip [R-TX-21].

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 2025-12-23.

CATEGORIES

Courts and Law Economy