Restore Trust in Congress Act

This bill would bar members of Congress, their spouses, and their dependent children from owning or trading stocks, commodities, futures, and similar investments. Diversified publicly traded funds, U.S. Treasury and state or local government bonds, small business interests, and certain other holdings would still be allowed. Current covered individuals would have 180 days to sell covered investments, and people who become covered later would have 90 days. Violators would pay a fee of 10 percent of the investment's value and give up profits, could not use office or campaign funds to pay, and ethics offices would post fines on a public website.

Full text and official record on Congress.gov

Sponsors

• Ashley Moody Republican sponsor
• 2 cosponsors