# 119-hr-3182: To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.

119-hr-3182, To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes., is a 119th Congress bill sponsored by Rep. Bresnahan, Robert P. [R-PA-8] (R-PA); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3182
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3182
- Congress: 119
- Title: To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.
- Status: introduced
- Introduced: 2025-05-05
- Sponsor: Rep. Bresnahan, Robert P. [R-PA-8] (R-PA)
- Cosponsors: 0
- Policy area: Congress
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Ban on certain financial instruments for Members of Congress.** This bill would bar Members and their spouses from buying, selling, or holding specified "covered financial instruments" during a Member's term, while allowing narrow grandfathering and qualified blind trust exceptions. - Members and their spouses would be prohibited from holding, purchasing, or selling covered financial instruments during the term of service. - "Covered financial instruments" would include investments in securities, commodity interests, and synthetic economic interests such as derivatives, options, and warrants, but would exclude diversified mutual funds, diversified exchange-traded funds, investments in the Thrift Savings Plan, and U.S. Treasury bills, notes, and bonds. - Instruments owned immediately before a Member's term and assets held in a qualified blind trust would be exempt from the ban. - Violations would be subject to civil fines under the statute's existing civil-fine provisions, and the rules would be added as a new Subchapter IV in Chapter 131 of Title 5 and apply starting on the first day of the 120th Congress.

## Provisions PRIA read

- No stock trading for Congress and spouses: cost, high. If enacted, Members of Congress and their spouses would not be allowed to buy, sell, or hold most covered investments while serving. Covered investments would include stocks, security futures, commodities, and similar bets like options or warrants. It would not cover diversified mutual funds, diver…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4669: FEMA Act of 2025
- 119-hr-3633: Digital Asset Market Clarity Act
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-2619: No Paydays for Hostage-Takers Act

## Sources
- [119-hr-3182 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3182)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-2619: No Paydays for Hostage-Takers Act](https://policyrisk.com/legislation/119-hr-2619)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3182 (as of 2025-12-21).
