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.
Sponsor

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
- House Committee on House AdministrationReferred To · 2026-07-30
- House Committee on Oversight and Government ReformReferred To · 2026-07-30
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.
Related legislation
Bills by the same sponsor or covering overlapping subjects.
- HRES1467Protecting Deliberative Process in the House ResolutionReferred to Committee · 2026-07-30
- HRES1462Recognizing the historic significance of Medicare on the 61st anniversary of its enactment.Referred to Committee · 2026-07-27
- HR8660Valuing Employee Stock Today ActReferred to Committee · 2026-07-21
- HR9723Fit Future ActReferred to Committee · 2026-07-21