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Stock Trading Ban for Government Officials and Their Families

This bill aims to restore public trust by preventing high-ranking government officials, including Members of Congress, the President, Vice President, and their immediate families, from owning or trading individual stocks and other specific investments. It ensures that decisions made by these officials are solely for the public good, free from potential conflicts of interest related to personal financial gains.
Key points
Prohibits Members of Congress, the President, Vice President, and their spouses and dependent children from buying or selling individual stocks, commodities, or futures.
Requires these officials and their families to sell off existing prohibited investments within 90 to 180 days of the law's enactment or their entry into office.
Exemptions exist for diversified mutual funds, government bonds, small businesses, and certain family trusts, allowing for responsible financial planning.
Violations will result in financial penalties, including a fee and forfeiture of profits, which cannot be paid with taxpayer or campaign funds.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_6731
Sponsor: Rep. Magaziner, Seth [D-RI-2]
Process start date: 2025-12-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Restore Trust in Government Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_6731.

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 2025-12-16.

What are the main provisions?

Key points include:

  • Prohibits Members of Congress, the President, Vice President, and their spouses and dependent children from buying or selling individual stocks, commodities, or futures.
  • Requires these officials and their families to sell off existing prohibited investments within 90 to 180 days of the law's enactment or their entry into office.
  • Exemptions exist for diversified mutual funds, government bonds, small businesses, and certain family trusts, allowing for responsible financial planning.
  • Violations will result in financial penalties, including a fee and forfeiture of profits, which cannot be paid with taxpayer or campaign funds.
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. Magaziner, Seth [D-RI-2].

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 2026-01-11.

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