Bill · H.R. 6731· House(119-HR-6731)
Restore Trust in Government Act
- Introduced
- 12/16/2025
- Last activity
- 12/16/2025 — Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and Ways and Means, 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
- Seth Magaziner
- Cosponsors
- - 95 - 0
- Introduced
- In Committee
What this bill would do
The Restore Trust in Government Act aims to prohibit specific high-ranking officials from owning or trading certain financial assets. These "covered individuals" include Members of Congress, the President, the Vice President, and their spouses and dependents. The bill restricts the ownership and trading of "covered investments," which include securities, commodities, and futures. To comply, these individuals must divest their holdings within a specific timeframe. The act also establishes penalties for those who violate these new trading and ownership restrictions.
Who it would affect, and how
Potential Positive Impacts for People
-
Restrictions on Covered Investments: The bill prohibits covered individuals from owning or trading securities, commodities, or futures, which aims to restrict financial interests held by those in power (Section 13152(a)).
-
Divestiture Requirements: Individuals are required to sell their covered investments at fair market value within 180 days of enactment or 90 days after becoming a covered individual (Section 13152(b)).
-
Certificate of Divestiture Program: The act treats the restrictions as a federal conflict of interest statute, allowing covered individuals to use the certificate of divestiture program (Section 13152(c)).
-
Penalties for Violations: To ensure accountability, violators may be required to pay a fee equal to ten percent of the investment's value and disgorge any profits made from the transaction (Section 13153(a)).
-
Public Transparency: Supervising ethics offices are required to publish descriptions of fines, the reasons for the fines, and the results of assessments on a public website (Section 13153(c)).
Potential Negative Impacts for People
-
Income Tax Restrictions: A covered individual may not deduct losses from transactions or holdings involving covered financial instruments if they were conducted in violation of this section (Section 13152(d)).
-
Mandatory Divestiture of Blind Trusts: Even if an individual has a qualified blind trust, the assets within it must be divested according to the established deadlines (Section 13152(f)(1)).
-
Divestiture of Inherited Assets: If a covered individual acquires a covered investment through circumstances like marriage or inheritance, they are required to divest it within 90 days (Section 13152(g)).
-
Financial Penalties for Members of Congress: Members of Congress are prohibited from using their Representational Allowance, official office expense accounts, or campaign contributions to pay the required penalties (Section 13153(b)).
- 10/1/2026
- 1 Cosponsor added.
- 9/10/2026
- 1 Cosponsor added.
- 9/3/2026
- 1 Cosponsor added.
- 8/3/2026
- 3 Cosponsors added.
- 7/23/2026
- 3 Cosponsors added.
- 7/22/2026
- 4 Cosponsors added.
- 7/21/2026
- 2 Cosponsors added.
- 7/20/2026
- 1 Cosponsor added.
- 7/14/2026
- 1 Cosponsor added.
- 6/15/2026
- 1 Cosponsor added.
- 6/2/2026
- 1 Cosponsor added.
- 5/20/2026
- 2 Cosponsors added.
- 5/12/2026
- 1 Cosponsor added.
- 4/21/2026
- 1 Cosponsor added.
- 4/15/2026
- 2 Cosponsors added.
- 3/25/2026
- 3 Cosponsors added.
- 3/3/2026
- 1 Cosponsor added.
- 2/25/2026
- 1 Cosponsor added.
- 2/3/2026
- 1 Cosponsor added.
- 2/2/2026
- 2 Cosponsors added.
- 1/27/2026
- 2 Cosponsors added.
- 1/22/2026
- 8 Cosponsors added.
- 1/21/2026
- 1 Cosponsor added.
- 1/20/2026
- 1 Cosponsor added.
- 1/15/2026
- 1 Cosponsor added.
- 1/14/2026
- 5 Cosponsors added.
- 1/13/2026
- 6 Cosponsors added.
- 1/8/2026
- 3 Cosponsors added.
- 1/7/2026
- 7 Cosponsors added.
- 1/6/2026
- 9 Cosponsors added.
- 12/23/2025
- 3 Cosponsors added.
- 12/18/2025
- 4 Cosponsors added.
- 12/17/2025
- 7 Cosponsors added.
- 12/16/2025
- Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, and Ways and Means, 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.
- 5 Cosponsors added.
- Introduced in House
5 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
- 119-HR-5106: Restore Trust in Congress Act
- 119-HR-9222: Drain the Swamp Act
- 119-HR-9358: Improving the Lives of the American People Act
- 119-S-3649: Restore Trust in Congress Act
- 119-HRES-725: Providing for consideration of the bill (H.R. 1908) to prohibit stock trading and ownership by Members of Congress and their spouses and dependent children, and for other purposes.
Pete AguilarDemocrat · California
Yassamin AnsariDemocrat · Arizona
Nanette BarragánDemocrat · California
Shontel BrownDemocrat · Ohio
Nikki BudzinskiDemocrat · Illinois
Becca BalintDemocrat · Vermont
Wesley BellDemocrat · Missouri
Emanuel CleaverDemocrat · Missouri
Kathy CastorDemocrat · Florida
Steve CohenDemocrat · Tennessee
Joe CourtneyDemocrat · Connecticut
Judy ChuDemocrat · California
Joaquin CastroDemocrat · Texas
Katherine ClarkDemocrat · Massachusetts
Salud CarbajalDemocrat · California
Angie CraigDemocrat · Minnesota
Jason CrowDemocrat · Colorado
Greg CasarDemocrat · Texas
Diana DeGetteDemocrat · Colorado
Rosa DeLauroDemocrat · Connecticut
Christopher DeluzioDemocrat · Pennsylvania
Suzan DelBeneDemocrat · Washington
Maxine DexterDemocrat · Oregon
Sarah ElfrethDemocrat · Maryland
Bill FosterDemocrat · Illinois
Lois FrankelDemocrat · Florida
Valerie FousheeDemocrat · North Carolina
Laura FriedmanDemocrat · California
John GaramendiDemocrat · California
Jimmy GomezDemocrat · California
Daniel GoldmanDemocrat · New York
Adelita GrijalvaDemocrat · Arizona
Val HoyleDemocrat · Oregon
Hakeem JeffriesDemocrat · New York
Pramila JayapalDemocrat · Washington
Julie JohnsonDemocrat · Texas
Marcy KapturDemocrat · Ohio
William KeatingDemocrat · Massachusetts
Robin KellyDemocrat · Illinois
Raja KrishnamoorthiDemocrat · Illinois
Timothy KennedyDemocrat · New York
Teresa Leger FernandezDemocrat · New Mexico
John LarsonDemocrat · Connecticut
Stephen LynchDemocrat · Massachusetts
Ted LieuDemocrat · California
Mike LevinDemocrat · California
Greg LandsmanDemocrat · Ohio
George LatimerDemocrat · New York
James McGovernDemocrat · Massachusetts
Betty McCollumDemocrat · Minnesota
Grace MengDemocrat · New York
Seth MoultonDemocrat · Massachusetts
Joseph MorelleDemocrat · New York
Morgan McGarveyDemocrat · Kentucky
Robert MenendezDemocrat · New Jersey
Jennifer McClellanDemocrat · Virginia
John MannionDemocrat · New York
April McClain DelaneyDemocrat · Maryland
Sarah McBrideDemocrat · Delaware
Christian MenefeeDemocrat · Texas
Eleanor NortonDemocrat · District of Columbia
Donald NorcrossDemocrat · New Jersey
Joe NeguseDemocrat · Colorado
Johnny OlszewskiDemocrat · Maryland
Chellie PingreeDemocrat · Maine
Mark PocanDemocrat · Wisconsin
Brittany PettersenDemocrat · Colorado
Nellie PouDemocrat · New Jersey
Deborah RossDemocrat · North Carolina
Raul RuizDemocrat · California
Jamie RaskinDemocrat · Maryland
Delia RamirezDemocrat · Illinois
Luz RivasDemocrat · California
Emily RandallDemocrat · Washington
Josh RileyDemocrat · New York
Brad ShermanDemocrat · California
Terri SewellDemocrat · Alabama
Darren SotoDemocrat · Florida
Mary Gay ScanlonDemocrat · Pennsylvania
Kim SchrierDemocrat · Washington
Melanie StansburyDemocrat · New Mexico
Hillary ScholtenDemocrat · Michigan
Eric SorensenDemocrat · Illinois
Andrea SalinasDemocrat · Oregon
Suhas SubramanyamDemocrat · Virginia
Dina TitusDemocrat · Nevada
Paul TonkoDemocrat · New York
Norma TorresDemocrat · California
Rashida TlaibDemocrat · Michigan
Lori TrahanDemocrat · Massachusetts
Jill TokudaDemocrat · Hawaii
Shri ThanedarDemocrat · Michigan
Juan VargasDemocrat · California
George WhitesidesDemocrat · California
James WalkinshawDemocrat · Virginia