Bills · HR 1908
IN COMMITTEE· 119TH CONGRESS
House BillHR 1908SecuritiesGovernment ethics and transparency, public corruption
End Congressional Stock Trading Act
INTRO MAR 6· LAST ACTION MAR 28
READING
7MIN
COSPONSORS
5
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill addresses public concern about potential conflicts of interest and insider trading by elected officials. Currently, members of Congress have access to sensitive information and make decisions that can directly impact various industries and companies. If they or their families trade stocks, there's a risk they could use this information for personal financial gain, or that their legislative choices could be influenced by their investments.
If this bill becomes law, it could significantly increase public trust in government by ensuring that lawmakers are making decisions based on the public good, not personal profit. If it doesn't pass, the current system allowing stock trading by members of Congress and their families would continue, potentially fueling skepticism about whether officials are truly acting in the best interests of their constituents.
KEY PROVISIONS
5AI-extractedPROVISION 01
Prohibits Members of Congress, their spouses, and dependent children from owning or trading individual stocks, bonds, commodities, and complex investment vehicles.
Prevents potential conflicts of interest and ensures lawmakers' decisions are not influenced by personal financial gain.
PROVISION 02
Requires current officeholders and their families to sell off prohibited assets within 180 days (or 5 years for complex private investments) of the bill becoming law, and new officeholders within 90 days.
Establishes a clear timeline for compliance and ensures a transition period for divesting assets.
PROVISION 03
Allows exceptions for ownership of widely held, diversified investment funds, U.S. Treasury bills, and investments in government retirement plans.
Provides reasonable avenues for financial growth while still addressing conflict of interest concerns.
PROVISION 04
Imposes a civil fine of up to $100,000 for each violation of the stock trading ban.
Creates a strong deterrent against non-compliance with the new rules.
PROVISION 05
Amends tax law to allow for tax-free reinvestment of proceeds from required asset divestment into permitted investments within 60 days.
Eases the financial burden of divesting assets for affected individuals.
SPONSORSHIP
1 + 5
R· Tennessee
YRS IN OFFICE
7
BILLS LED
65
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 5 IND 0
ACTION TIMELINE
3 EVENTSMAR 28
Referred to the Subcommittee on Commodity Markets, Digital Assets, and Rural Development.
MAR 6
Introduced in House
MAR 6
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
BILL INFO
TypeHouse Bill
NumberHR 1908
Congress119th
StatusIn Committee
IntroducedMar 6, 2025
Last actionMar 28, 2025
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IN COMMITTEE· 119TH CONGRESS · AGRICULTURE COMMITTEE · INTRODUCED MAR 6, 2025
House BillHR 1908SecuritiesGovernment ethics and transparency, public corruption
End Congressional Stock Trading Act
INTRODUCED MAR 6, 2025· LAST ACTION MAR 28, 2025
PASSAGE CHANCES
—%
READING
7 min
COSPONSORS
5
COMPLEXITY
Moderate
