Bill · H.R. 7852· House(119-HR-7852)
No Getting Rich in Congress Act
- Introduced
- 3/5/2026
- Last activity
- 3/5/2026 — Referred to the Committee on House Administration, and in addition to the Committees on Oversight and Government Reform, the Judiciary, and Rules, 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
- Haley Stevens
- Cosponsors
- - 5 - 0
- Introduced
- In Committee
What this bill would do
The "No Getting Rich in Congress Act" establishes new ethics obligations and restrictions for Members of Congress, their spouses, and their dependents. It prohibits covered individuals from trading specific investments unless they are held in a qualified blind trust. The bill also implements a lifetime ban on former Members and certain appointees lobbying for foreign countries of concern. Additionally, it requires registration and quarterly disclosure for spouses of senior federal officials regarding advocacy activities. It further prohibits Members of Congress and their spouses from serving on boards of for-profit entities, with certain exceptions. Finally, the act expands gift disclosure requirements to include spouses of Members.
Yes
Does this make what the government does easier for the public to see?+7
The bill increases transparency through mandatory disclosures of investment trades, advocacy activities by spouses, and corporate board service.
The opposite
Does this protect people from being watched or searched?-4
The bill requires spouses of officials to disclose detailed advocacy activities and client names, reducing their personal privacy.
Would high-income households be better off under this?-3
The bill limits the ability of high-income spouses of officials to serve on corporate boards and engage in undisclosed advocacy.
Who it would affect, and how
Potential Positive Impacts for People
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Restrictions on Trading: Members of Congress, the President, and Vice President are prohibited from trading covered investments like securities or digital assets unless held in a qualified blind trust, which limits potential conflicts of interest (Sec. 2).
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Lifetime Lobbying Ban: Former Members of Congress and certain presidential appointees are barred from representing or advising foreign countries of concern, such as the Russian Federation or China, with the intent to influence the U.S. government (Sec. 3).
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Spousal Transparency: Spouses of high-ranking officials must register and disclose "covered advocacy activities," providing more visibility into how personal relationships might influence policy (Sec. 4).
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Board Service Restrictions: Members of Congress and their spouses are prohibited from serving as officers or members of boards for for-profit corporations, reducing potential conflicts of interest (Sec. 5).
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Gift Disclosure: The bill expands existing rules to require that gifts received by a "covered relative" (such as a spouse) be disclosed, increasing accountability (Sec. 6).
Potential Negative Impacts for People
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Financial Penalties for Trading: Individuals who violate investment trading restrictions face penalties including the repayment of profits and potentially fines up to three times the value of the investment (Sec. 2).
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Burden on Spouses: Spouses of senior federal officials are required to register and file quarterly reports detailing their advocacy activities, which includes disclosing client names and specific issues (Sec. 4).
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Civil and Criminal Penalties for Spouses: Spouses who fail to comply with registration and disclosure requirements may face civil fines of up to $200,000 or criminal penalties including imprisonment for up to 5 years (Sec. 4).
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Restrictions on Professional Roles: Spouses of Members of Congress are prohibited from serving on the boards of for-profit entities, though those already serving may finish their current terms (Sec. 5).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For High Income Households-3
- Governance And Ideology
- Improves Government Transparency+7Improves Privacy Rights-4
- 3/5/2026
- Referred to the Committee on House Administration, and in addition to the Committees on Oversight and Government Reform, the Judiciary, and Rules, 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
Marcy KapturDemocrat · Ohio
Chris PappasDemocrat · New Hampshire
Eric SorensenDemocrat · Illinois
Andrea SalinasDemocrat · Oregon
Derek TranDemocrat · California