Bills · S 2852
IN COMMITTEE· 119TH CONGRESS
Senate BillS 2852Finance and Financial Sector
Restoring Trust in Public Servants Act
INTRO SEP 17· LAST ACTION SEP 17
READING
15MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it addresses concerns about potential conflicts of interest among public servants. When officials make decisions that affect the economy, specific industries, or even individual companies, there's always a risk that their personal investments could influence those choices. This bill aims to remove that incentive by broadly restricting the types of investments they can hold.
If this bill becomes law, it could help restore public trust in government by creating a clearer separation between public duty and personal financial gain. It means that voters would no longer have to worry that their elected representatives or other high-ranking officials are personally benefiting from policies they enact. If it doesn't become law, the current system, which relies mostly on disclosure rather than prohibition, would continue, potentially leaving room for perceived or actual conflicts of interest.
KEY PROVISIONS
5AI-extractedPROVISION 01
Prohibits covered federal officials and family members of Members of Congress from owning or trading 'covered investments,' which include securities, commodities, digital assets, and derivatives.
This is the core prohibition designed to prevent potential conflicts of interest by removing direct financial stakes in market-sensitive assets.
PROVISION 02
Defines 'covered investments' to include direct and indirect interests but excludes broadly diversified mutual funds, diversified exchange-traded funds, and U.S. Treasury bills/notes/bonds.
This provision clarifies what is restricted while allowing for common, low-risk, and diversified investment vehicles.
PROVISION 03
Defines 'covered officials' to include the President, Vice President, political appointees, senior executive branch employees, Members of Congress, certain congressional staff, and judicial officers.
This specifies the broad scope of individuals who would be subject to the investment restrictions.
PROVISION 04
Requires divestment of any prohibited investments within 90 days of the bill's enactment or within 90 days of an individual becoming a covered official or a family member of a Member of Congress.
This sets a clear timeframe for compliance, ensuring a timely transition away from prohibited investments.
PROVISION 05
Establishes a penalty for violations, determined by the relevant supervising ethics office, equal to a fee set under existing federal law.
This provides a mechanism for enforcement and deterrence against non-compliance with the investment restrictions.
SPONSORSHIP
1 + 0
D· New Jersey
YRS IN OFFICE
7
BILLS LED
47
ACTION TIMELINE
2 EVENTSSEP 17
Introduced in Senate
SEP 17
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 2852
Congress119th
StatusIn Committee
IntroducedSep 17, 2025
Last actionSep 17, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED SEP 17, 2025
Senate BillS 2852Finance and Financial Sector
Restoring Trust in Public Servants Act
INTRODUCED SEP 17, 2025· LAST ACTION SEP 17, 2025
PASSAGE CHANCES
—%
READING
15 min
COSPONSORS
0
COMPLEXITY
Moderate
