This bill stops Members of Congress from engaging in financial transactions with countries considered foreign adversaries. It aims to prevent conflicts of interest and protect national security.
If you are a Member of Congress, you cannot make financial deals with certain foreign countries.
Who this affects
Members of Congress · Foreign adversaries · China · Russia
What changes is this bill making?
1This bill prevents Members of Congress from making financial deals with certain foreign countries.
2It specifically targets transactions that benefit foreign adversaries of the United States.
3Violations can lead to civil penalties ranging from $5,000 to $15,000.
4The Attorney General can take legal action against those who break this rule.
5The bill defines foreign adversaries to include countries like China, Russia, and Iran.
