summary
Introduced
03/03/2021
03/03/2021
In Committee
04/29/2021
04/29/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To prohibit Members of Congress from purchasing or selling certain investments, and for other purposes.
AI Summary
This bill, the Ban Conflicted Trading Act, aims to prohibit members of Congress and certain congressional staff from purchasing or selling specific investments, such as securities, commodities, and futures. It defines "covered investments" and "covered persons" to which the prohibitions apply, with some exceptions. The bill also prohibits covered persons from serving as officers or board members of for-profit entities. It outlines a process for divesting existing investments or placing them in qualified blind trusts, and provides for administration and enforcement of the act by the ethics committees of the Senate and House of Representatives.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (65)
Raja Krishnamoorthi (D)*,
Don Beyer (D),
Earl Blumenauer (D),
Jamaal Bowman (D),
Anthony Brown (D),
Tony Cárdenas (D),
Sean Casten (D),
Kathy Castor (D),
David Cicilline (D),
Michael Cloud (R),
Joe Courtney (D),
Angie Craig (D),
Madeleine Dean (D),
Diana DeGette (D),
Theodore Deutch (D),
Matt Gaetz (R),
Ruben Gallego (D),
Chuy García (D),
Jared Golden (D),
Jimmy Gomez (D),
Al Green (D),
Jared Huffman (D),
Hank Johnson (D),
Mondaire Jones (D),
Kaiali'i Kahele (D),
Ro Khanna (D),
Ann Kuster (D),
Conor Lamb (D),
Andy Levin (D),
Mike Levin (D),
Tom Malinowski (D),
Carolyn Maloney (D),
Kathy Manning (D),
Betty McCollum (D),
Jim McGovern (D),
Grace Meng (D),
Joe Neguse (D),
Marie Newman (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Jimmy Panetta (D),
Chris Pappas (D),
Donald Payne (D),
Mark Pocan (D),
Katie Porter (D),
Ayanna Pressley (D),
Mike Quigley (D),
Jamie Raskin (D),
Tom Rice (R),
Kilili Sablan (D),
Mary Gay Scanlon (D),
Jan Schakowsky (D),
Elissa Slotkin (D),
Adam Smith (D),
Darren Soto (D),
Jackie Speier (D),
Haley Stevens (D),
Mark Takano (D),
Rashida Tlaib (D),
Paul Tonko (D),
Ritchie Torres (D),
Filemón Vela (D),
Nydia Velázquez (D),
Peter Welch (D),
Susan Wild (D),
Last Action
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. (on 04/29/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/1579/all-info |
| BillText | https://www.congress.gov/117/bills/hr1579/BILLS-117hr1579ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr1579/BILLS-117hr1579ih.pdf.pdf |
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