HR1908119th CongressWALLET

End Congressional Stock Trading Act

Sponsored By: Representative Burchett, Tim [R-TN-2]

In Committee

Summary

Ban on Members of Congress owning or trading most stocks, bonds, commodities, derivatives, and similar securities. This bill would force members, their spouses, and dependent children to divest prohibited investments on set schedules while carving out narrow exceptions and adding enforcement and tax rules.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 0 benefits, 2 costs, 1 mixed.

Ban on stock trading for Congress

If enacted, Members of Congress, their spouses, and dependent children would be barred from owning or trading most securities. Selling to divest would be allowed. Allowed holdings would include diversified, widely held funds with no conflict, certain Alaska Native settlement stock, U.S. Treasuries, and government retirement plan funds. A small business interest or a spouse’s work‑related compensation could be allowed if it does not create a conflict. A spouse or dependent child could trade as part of the spouse’s primary job. Key terms would use existing federal definitions.

Civil suits and fines for Congress

If enacted, the Attorney General or the Special Counsel could sue in federal court for violations. Members, spouses, and dependent children could face civil fines up to $100,000 per violation. Other legal remedies would still be available.

Deadlines to sell and tax relief for Congress

If enacted, current Members and their families would have 180 days to sell most banned assets. New Members would have 90 days after taking office. Hedge, venture, and other private fund interests would have up to 5 years to sell. Assets received while serving, like inheritances, would need sale within 180 days. Members could defer capital gains taxes on required sales by reinvesting in allowed assets within 60 days using an ethics committee certificate. Later sales of the new assets would be taxable.

Sponsors & CoSponsors

Sponsor

Burchett, Tim [R-TN-2]

TN • R

Cosponsors

  • Hunt

    TX • R

    Sponsored 3/10/2025

  • Van Drew

    NJ • R

    Sponsored 12/3/2025

  • Joyce (PA)

    PA • R

    Sponsored 12/9/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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