Bill · H.R. 3849· House(119-HR-3849)
STABLE GENIUS Act
- Introduced
- 6/9/2025
- Last activity
- 6/9/2025 — Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, and 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.
- Sponsored by
- Joe Neguse
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The STABLE GENIUS Act aims to prohibit certain individuals from engaging in specific financial transactions involving digital assets. Covered individuals include the President, Vice President, members of Congress, delegates, and candidates for these offices. These prohibitions apply from the time a person files as a candidate through one year after their service ends. To continue holding such assets, individuals must place them in an approved qualified blind trust. The bill establishes strict rules for these trusts, including mandatory divestment timelines. It also outlines civil and criminal penalties for those who violate these rules.
Yes· 3 of 4
Does this make what the government does easier for the public to see?+6
The bill increases transparency by requiring the public posting of qualified blind trust agreements.
Does this limit or expose the money behind campaigns?+5
The bill enhances government integrity by prohibiting officials from profiting from digital asset transactions.
Would households on low incomes be better off under this?+3
The bill helps prevent corruption that could undermine public trust and economic stability.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Prevention of Unlawful Financial Gain: The bill prohibits covered individuals from obtaining covered investments through purchase, sale, or other conduct, as well as through synthetic means like derivatives or mutual funds (Section 2(a)(5)).
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Strict Oversight of Assets: By requiring covered investments to be placed in a qualified blind trust, the bill ensures that the individual does not have access to information regarding the trust's assets or transactions (Section 2(c)(2)).
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Mandatory Divestment: To ensure the effectiveness of the blind trust, the trustee is required to divest of the instrument within 6 months of the trust's establishment (Section 2(c)(2)(A)).
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Accountability through Penalties: The bill provides for civil monetary penalties of up to $250,000 and requires the disgorgement of profits to the U.S. Treasury for violations (Section 2(f)(2)-(3)). It also establishes criminal penalties, including fines and imprisonment, for those who knowingly violate the rules and cause significant losses or benefit financially (Section 2(g)).
Potential Negative Impacts for People
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Restrictions on Financial Activities: Covered individuals are prohibited from engaging in many types of financial transactions, including the issuance, sponsorship, or endorsement of digital assets (Section 2(a)(5)(i)).
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Burden of Trust Establishment: Individuals must establish a qualified blind trust that is approved in writing by a supervising ethics office to hold their covered investments (Section 2(c)(1)-(2)).
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Increased Legal Risk: Conduct related to prohibited financial transactions is deemed an unofficial act and is considered beyond the scope of official duties for the purposes of legal immunities (Section 2(e)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+6Improves Campaign Finance Reform+5
- Demographic And Interest Groups
- Good For Low Income Households+3Good For Middle Class Households+3
- 6/9/2025
- Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, and 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.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.