The No Getting Rich in Congress Act imposes new ethics restrictions on Members of Congress, their spouses, and dependents.
The No Getting Rich in Congress Act aims to enhance ethical standards for Members of Congress, their spouses, and dependents by imposing new restrictions and disclosure requirements. It prohibits Members of Congress and their spouses from serving on the boards of for-profit entities and limits their ability to trade certain investments. Spouses of Members of Congress must register and report their lobbying activities and advocacy work. The Act also imposes a lifetime ban on former Members of Congress and certain appointees from lobbying on behalf of foreign countries of concern.
The filed bill text is too short for analysis.