A resolution expressing the sense of the Senate regarding equity stakes held by the Federal Government in private companies.
Urges barring federal officials, lawmakers, transaction participants and specified relatives from profiting from federal equity deals.
In the Senate Homeland Security and Governmental Affairs Committee since Sept. 30, 2026, 8 days after it was introduced. Most bills never leave committee.
- INTRODUCEDINTROSEP 30, 2026
- COMMITTEECOMM.IN COMMITTEE
- AGREED TOAGREED—
What the bill would do, and why it matters
Federal agencies sometimes take ownership stakes in private companies. The resolution would express the Senate’s view that certain federal officials, lawmakers, transaction participants, and specified relatives should not personally profit from federal purchases or later transfers of company shares.
- NON-BINDING A simple resolution carries no force of law. It expresses the chamber's opinion or sets internal rules — it does not bind agencies, the President, or anyone outside Congress.
- DATA NOTE No Congressional Research Service summary was available.
- Bar personal gains from federal equity deals
The resolution would express the Senate’s view that the President, Vice President, Cabinet members, Members of Congress, officials involved in federal equity transactions, and specified relatives should be barred from profiting from federal acquisitions of company shares or related compensation. It would also call for barring those people from buying or receiving shares the government sells or transfers, or compensation connected to those transactions.
The resolution cites federal acquisitions of equity or similar interests in private companies and raises concerns that public investments could benefit federal officials, lawmakers, or their families. It points to transactions involving Vulcan Elements and USA Rare Earth as examples of potential conflicts between private financial connections and federal deals.
Written from the bill text.
The path it took, step by step
- IntroducedSEP 30, 2026SENATESEP 30, 2026By Sen. RosenReferred to Homeland Security and Governmental Affairs
- SAME DAYNOWCommitteeSEP 30, 2026HOMELAND SECURITY & GOVERNMENTAL AFFAIRS NOWSEP 30, 2026In committee for 8 daysNo hearing yet
- 8 DAYS SO FARAgreed to in the Senate—SENATE FLOOR—Not scheduled
- SEP 302026SEP 30, 2026REFERREDReferred to the Committee on Homeland Security and Governmental Affairs.
- SEP 302026SEP 30, 2026INTRODUCEDSENATESubmitted in Senate
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