On March 5, 2026, Rep. Haley Stevens introduced H.R. 7852, the No Getting Rich in Congress Act. The proposal would restrict investment trading by the president, vice president, Members of Congress, federal candidates, their spouses and dependent children.
Covered individuals could not directly or indirectly buy or sell individual stocks, cryptocurrency, commodities, futures, options and similar investments unless those assets were held in a qualified blind trust. Diversified publicly traded funds, Treasury securities and state or municipal bonds would remain permitted.
The bill also includes enforcement provisions.
A violation could require the person to surrender any profits from the transaction. Authorities could also impose an additional penalty worth up to three times the value of the investment, and confirmed violations would be published online.
The proposal goes beyond trading. It would restrict Members of Congress and their spouses from serving on corporate boards, require certain spouses of senior officials to disclose advocacy work and permanently prohibit some former officials from lobbying for countries including China, Russia, Iran and North Korea.
There is one major distinction missing from many viral versions: H.R. 7852 has only been introduced. It was referred to the House Administration, Oversight, Judiciary and Rules committees. It has not passed the House, passed the Senate or become law.
Sources: Official text of H.R. 7852 through GovInfo; Rep. Haley Stevens' March 5, 2026 introduction announcement.
Should presidents, lawmakers and federal candidates be required to place covered investments in blind trusts while seeking or holding office?
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