HR9989Referred to Committee

To require candidates for Federal office to divest publicly traded securities or place such securities in a qualified blind trust upon filing for office, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-30
Introduced
0
Cosponsors
HR
Type

Sponsor

Ryan Mackenzie
Ryan Mackenzie
Republican · PA · Representative
Votes with party: 94.3% (629 recorded votes)

Full profile: /officials/M001230

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on House Administration, 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.

2026-07-30

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

Candidates running for federal office would be required to either sell their publicly traded stocks or put them in a blind trust (where someone else manages them without the candidate knowing what's in the portfolio) before taking office. The goal is to prevent conflicts of interest where elected officials might make decisions that benefit their personal investments rather than the public interest. This would apply to anyone running for Congress, the presidency, or other federal positions.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

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