Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.
The document combines a House Rules resolution (H. Res. 665) and the text of a bill (H.R. 1908) that would bar Members of Congress and their spouses and dependent children from owning or trading stocks and other securities. If enacted, the bill—titled the End Congressional Stock Trading Act—would require immediate divestment of any prohibited assets (with specific timelines for current and new Members, and longer timelines for certain private investment vehicles). It would create broad exceptions for certain widely held funds and government securities, establish civil penalties for violations, limit how penalties can be paid, and require annual compliance certifications with IRS-related oversight. The Rules resolution would fast-track consideration of the bill, waive certain procedural roadblocks, and set strict debate limits.