# 117-hr-8754: Dismantling Investments in Violation of Ethical Standards through Trusts Act

117-hr-8754, Dismantling Investments in Violation of Ethical Standards through Trusts Act, is a 117th Congress bill sponsored by Rep. Cloud, Michael [R-TX-27] (R-TX); status Referred to the Committee on Oversight and Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-8754
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-8754
- Congress: 117
- Title: Dismantling Investments in Violation of Ethical Standards through Trusts Act
- Status: Referred to the Committee on Oversight and Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2022-08-30
- Sponsor: Rep. Cloud, Michael [R-TX-27] (R-TX)
- Cosponsors: 1
- Policy area: Government Operations and Politics
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Dismantling Investments in Violation of Ethical Standards through Trusts Act This bill prohibits a senior federal employee, his or her spouse, or dependent children from holding, purchasing, or selling certain financial instruments during the employee's term of service. Any profit made in violation of the prohibition must be disgorged to the Treasury and may subject the individual to a civil fine. The bill also requires the submission of an annual certification of compliance and requires the Government Accountability Office to conduct a compliance audit. A loss from a transaction or holding involving a covered financial instrument that is conducted in violation of this bill may not be deducted from the amount of income tax owed by the applicable senior federal employee, spouse, or dependent child. A senior federal employee who holds or conducts a transaction involving a covered financial instrument in violation of this bill may be subject to a civil fine assessed by the supervising ethics office.

## Cosponsors (1)

- Rep. Golden, Jared F. [D-ME-2] (D-ME), 2022-08-30T00:00:00.000Z

## Related bills

- 117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servicemembers who perished in Afghanistan on August 26, 2021, during the evacuation…
- 117-hr-5577: To designate the facility of the United States Postal Service located at 3900 Crown Road Southwest in Atlanta, Georgia, as the "John R. Lewis Post Office Build…
- 117-hr-3835: PRIME Act
- 117-hr-3577: United States Army Rangers Veterans of World War II Congressional Gold Medal Act
- 117-hr-3281: RPM Act of 2019
- 117-hr-2800: WINGMAN Act

## Sources
- [117-hr-8754 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/8754)

## Related
- [117-hr-5142: To award posthumously a Congressional Gold Medal, in commemoration to the servi…](https://policyrisk.com/legislation/117-hr-5142)
- [117-hr-5577: To designate the facility of the United States Postal Service located at 3900 C…](https://policyrisk.com/legislation/117-hr-5577)
- [117-hr-3835: PRIME Act](https://policyrisk.com/legislation/117-hr-3835)
- [117-hr-3577: United States Army Rangers Veterans of World War II Congressional Gold Medal Act](https://policyrisk.com/legislation/117-hr-3577)
- [117-hr-3281: RPM Act of 2019](https://policyrisk.com/legislation/117-hr-3281)
- [117-hr-2800: WINGMAN Act](https://policyrisk.com/legislation/117-hr-2800)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-8754 (as of 2025-11-18).