Bans Members of Congress and their families from owning or trading individual stocks and other investments.
This bill would ban Members of Congress, their spouses, and dependent children from owning or trading most individual stocks, commodities, or futures. Currently, these individuals can trade stocks, but this bill would require them to sell existing investments within 90 to 180 days and prevent new purchases.
Currently, Members of Congress and their immediate families can own and trade individual stocks, commodities, and futures. However, they must disclose these activities and follow insider trading laws. If this bill becomes law, these individuals would be banned from owning or trading most of these investments. They would have 90 to 180 days to sell off existing holdings. For any violations, they would face a fee of ten percent of the investment's value, plus disgorgement of profits.
HR 5106 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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8 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.