Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Government Operations and Politics
Why This Matters
This bill aims to prevent government leaders from having financial interests in stocks to reduce conflicts of interest. It seeks to restore public trust in government by ensuring that officials are not profiting from their decisions.
If you are concerned about government leaders profiting from their positions, this bill could help address that issue.
Who this affects
Members of Congress · the President · the Vice President · their families
What changes is this bill making?
1This bill would stop Members of Congress from owning or trading stocks.
2The President and Vice President would also be prohibited from stock trading.
3Spouses and dependent children of these leaders cannot own or trade stocks either.
4Certain investments, like widely held funds and government bonds, are still allowed.
