Bill > HRes491

This resolution, known as the NO STOCK Resolution, aims to amend the Rules of the House of Representatives to prohibit Members of Congress from owning individual stocks. Specifically, the resolution would modify the House's Code of Official Conduct by adding a new clause that prevents Members, Delegates, and Resident Commissioners from owning common stock in any individual public corporation. The purpose of this restriction appears to be preventing potential conflicts of interest and ensuring that congressional members make legislative decisions without being influenced by personal financial investments. By prohibiting direct stock ownership, the resolution seeks to increase transparency and reduce the possibility that members of Congress might benefit financially from their legislative actions or inside knowledge.

Government Affairs

https://www.congress.gov/bill/119th-congress/house-resolution/491/all-info