summary
Introduced
12/16/2025
12/16/2025
In Committee
12/16/2025
12/16/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend chapter 131 of title 5 to prohibit Members of Congress, the President, Vice President, and their spouses and dependents from owning or trading stocks, and for other purposes.
AI Summary
This bill, titled the "Restore Trust in Government Act," aims to prevent conflicts of interest by prohibiting Members of Congress, the President, the Vice President, and their spouses and dependents from owning or trading "covered investments," which include stocks, commodities, futures, and similar financial instruments, with certain exceptions like widely held investment funds, U.S. Treasury bills, and state or municipal bonds. Covered individuals would be required to divest any such investments within a specified timeframe after the bill's enactment or upon entering office, and violations would result in penalties including a fee of ten percent of the investment's value and disgorgement of profits, with specific restrictions on how Members of Congress can pay these penalties. The bill also outlines exceptions for certain family trusts, investments acquired through inheritance or marriage, and for spouses or dependent children whose primary occupation involves trading covered investments, provided these are not owned by a covered individual.
Committee Categories
Government Affairs
Sponsors (66)
Seth Magaziner (D)*,
Pete Aguilar (D),
Yassamin Ansari (D),
Nanette Barragán (D),
Wesley Bell (D),
Nikki Budzinski (D),
Salud Carbajal (D),
Greg Casar (D),
Kathy Castor (D),
Katherine Clark (D),
Emanuel Cleaver (D),
Steve Cohen (D),
Joe Courtney (D),
Angie Craig (D),
Jason Crow (D),
Diana DeGette (D),
Rosa DeLauro (D),
Chris Deluzio (D),
Maxine Dexter (D),
Sarah Elfreth (D),
Bill Foster (D),
Valerie Foushee (D),
Laura Friedman (D),
John Garamendi (D),
Val Hoyle (D),
Pramila Jayapal (D),
Hakeem Jeffries (D),
Julie Johnson (D),
Bill Keating (D),
Robin Kelly (D),
Timothy Kennedy (D),
Raja Krishnamoorthi (D),
John Larson (D),
George Latimer (D),
Mike Levin (D),
Ted Lieu (D),
Stephen Lynch (D),
John Mannion (D),
Sarah McBride (D),
April McClain-Delaney (D),
Betty McCollum (D),
Morgan McGarvey (D),
Jim McGovern (D),
Rob Menendez (D),
Joe Morelle (D),
Seth Moulton (D),
Joe Neguse (D),
Donald Norcross (D),
Johnny Olszewski (D),
Delia Ramirez (D),
Emily Randall (D),
Jamie Raskin (D),
Josh Riley (D),
Deborah Ross (D),
Andrea Salinas (D),
Mary Gay Scanlon (D),
Terri Sewell (D),
Darren Soto (D),
Suhas Subramanyam (D),
Shri Thanedar (D),
Dina Titus (D),
Rashida Tlaib (D),
Paul Tonko (D),
Norma Torres (D),
James Walkinshaw (D),
George Whitesides (D),
Last Action
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. (on 12/16/2025)
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/119th-congress/house-bill/6731/all-info |
| BillText | https://www.congress.gov/119/bills/hr6731/BILLS-119hr6731ih.pdf |
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