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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.
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Status: Introduced
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Additional Information
Print number: 119_HR_6731
Sponsor: Rep. Magaziner, Seth [D-RI-2]
Process start date: 2025-12-16
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
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.

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.

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Courts and Law