Bans federal officials, their families, and investment managers from trading individual stocks and prediction markets.
This bill would stop top government officials, including Members of Congress, the President, and judges, along with their families and those managing their investments, from buying or selling individual stocks. It would also ban them from trading on prediction markets. They would have to sell off any existing investments within 180 days after the bill is enacted. The bill also sets penalties for violations and requires public reporting of fines.
Today, many federal officials and their families, and those managing their investments, can own and trade individual stocks and participate in prediction markets. If this bill passes, these officials and their families, and their investment managers, would be banned from these activities and would have to sell off existing investments within 180 days after the bill is enacted, or 90 days of becoming an official.
HR 10450 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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