Bans Congress Members from Trading Stocks
Official: Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
IntroducedApril 28, 2025
Why This Matters
This bill stops members of Congress from trading stocks and other financial instruments while they serve in office.
If you are a member of Congress, you cannot trade stocks or certain financial instruments while in office.
Affects: This bill affects all current and future members of Congress and their spouses.
What changes is this bill making?
1. Members of Congress and their spouses cannot buy or sell certain financial instruments while in office. 2. The bill includes exceptions for diversified mutual funds and U.S. Treasury securities. 3. Congress members must sell any prohibited investments within 180 days of the law's enactment. 4. If a member violates this rule, they must return any profits to the U.S. Treasury.
Who is affected?
This bill affects all current and future members of Congress and their spouses.