Restore Trust in Congress Act prohibits Members of Congress and their spouses and dependents from owning or trading stocks.
The Restore Trust in Congress Act amends chapter 131 of title 5 to prohibit Members of Congress and their spouses and dependents from owning or trading stocks. It defines "covered investment" as an investment in a security, a commodity, a future, or any comparable economic interest acquired through synthetic means. Exceptions include widely held investment funds, U.S. Treasury bills, notes, or bonds, and certain other investments. The Act mandates divestment of covered investments by Members of Congress and their spouses and dependents, with specific timelines and conditions.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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