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Ban Congressional Stock Trading: New Rules for Lawmakers' Investments

This new law aims to boost public trust by prohibiting members of Congress, their spouses, and dependent children from trading stocks. Instead, they will be required to place their investments into special blind trusts, preventing the use of confidential information for personal financial gain. Citizens can expect greater transparency and integrity from their representatives.
Key points
Members of Congress, their spouses, and dependent children must place stocks and other investments into qualified blind trusts or divest them.
Prohibition on acquiring new covered investments while in office and for 180 days after leaving service.
Violations will result in significant financial penalties, equal to a Member's monthly pay.
All related trust documents and certifications will be publicly available, enhancing transparency.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_1879
Sponsor: Sen. Ossoff, Jon [D-GA]
Process start date: 2025-05-22
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Ban Congressional Stock Trading Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_1879.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-05-22.

What are the main provisions?

Key points include:

  • Members of Congress, their spouses, and dependent children must place stocks and other investments into qualified blind trusts or divest them.
  • Prohibition on acquiring new covered investments while in office and for 180 days after leaving service.
  • Violations will result in significant financial penalties, equal to a Member's monthly pay.
  • All related trust documents and certifications will be publicly available, enhancing transparency.
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 Sen. Ossoff, Jon [D-GA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

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