The Restoring Trust in Public Servants Act prohibits federal officials from owning certain investments and imposes penalties for violations.
The Restoring Trust in Public Servants Act aims to enhance transparency and prevent conflicts of interest among federal officials. It prohibits Members of Congress, their family members, and certain executive branch officials from owning or trading in covered investments, which include securities, commodities, and digital assets. These officials must divest any such investments within 90 days of assuming office or becoming a family member of a Member of Congress. Violations result in penalties equal to the official's monthly salary or the Member of Congress's salary.
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