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HR 253119th CongressIntroduced
Bipartisan Restoring Faith in Government Act
Introduced: Nov 1, 2025
Civil Rights & JusticeEconomy & TaxesFinancial Services
Standard Summary
Comprehensive overview in 1-2 paragraphs
The Bipartisan Restoring Faith in Government Act prohibits Members of Congress and their immediate families from owning or trading individual stocks, securities, and derivatives, requiring divestment into blind trusts or approved funds within 90 days, with enforcement through civil penalties up to $50,000 and tax implications for non-compliance.
Key Points
- 1The bill bans covered individuals including Members of Congress spouses and dependents from owning or trading specific financial instruments such as stocks securities and derivatives.
- 2Exceptions permit investments in widely held funds Treasury securities municipal bonds and the Thrift Savings Plan to maintain limited investment options for affected individuals.
- 3Enforcement mandates divestment within 90 days referral to the Attorney General for willful violations and civil penalties up to fifty thousand dollars per violation.
Impact Areas
Members of CongressSpouses and dependents of Members of CongressCongressional ethics oversight bodiesFinancial regulatory landscape for public officials
Generated by legislative-expert-2025 on Nov 5, 2025