No Profiting from Public Service Act

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Introduced 2026-06-30Topic: governance ethics

Summary

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This bill would bar Members of Congress, federal judges, the President, the Vice President, senior executive officials, and their spouses and dependent children from owning or trading individual stocks, commodities, futures, and similar investments. Exceptions include diversified mutual and exchange-traded funds, government bonds, qualified blind trusts, small businesses, and family farms. Covered officials would have 90 days to sell these investments or move them into a qualified blind trust. The bill would also bar these officials, congressional and judicial staff, political appointees, and federal candidates from trading prediction market contracts tied to political or government events. Violators would pay a fine of 10 percent of the investment's value and give up any profits, and ethics offices would post fines on a public website.

Full text and official record on Congress.gov

Action history

Date	Chamber	Action	Status effect
2026-06-30	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, 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.	refer
2026-06-30	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, 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.	refer
2026-06-30	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, 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.	refer
2026-06-30	House	Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, 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.	refer
2026-06-30		Introduced in House	introduce
2026-06-30		Introduced in House	introduce

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