Bill > HR6461

This bill, the Integrity for Public Officials Act or the IPO Act, prohibits senior government officials, including members of Congress, from purchasing or selling certain investments, such as securities, commodities, or futures. The bill defines "covered persons" as high-level government officials, including those in the Executive Schedule, political appointees, and certain employees in the executive and legislative branches. It provides some exceptions, such as allowing covered persons to retain investments held before taking office or to place their holdings in a qualified blind trust. The bill also outlines the administration and enforcement of these provisions, with the Office of Government Ethics and Judicial Conference responsible for the executive and judicial branches, respectively, and the Select Committee on Ethics overseeing the legislative branch.