TRUST in Congress Act
Rep. Magaziner and Rep. Roy Push Bipartisan TRUST in Congress Act to Ban Lawmakers From Trading Stocks
This bill is currently in the early stages of the legislative process. It was recently sent to the House Committee on House Administration for review. There are no upcoming votes scheduled at this time.
Legislative Progress
This bill has strong support from both parties but faces a difficult path because top leaders in both chambers have been slow to bring it to a vote in the past.
Key Points
Impact Analysis
Personal Impact
Members of Congress who invest in cryptocurrency and their families would need to place those holdings in blind trusts, since crypto assets likely qualify as securities or comparable economic interests under the bill's broad definition. This could reduce concerns about lawmakers making crypto-friendly policy while personally profiting, but the bill does not specifically single out crypto investors outside Congress.
“means investment in a security, a commodity, or a future, or any comparable economic interest acquired through synthetic means such as the use of a derivative”
Milestones
Referred to the House Committee on House Administration.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
Related News
6 articles
Bipartisan group of senators introduces bill to ban stock trading in Congress
Sens. Kirsten Gillibrand and Ashley Moody introduced the Senate version of the Restore Trust in Congress Act, which builds on the House bill introduced in September 2025. The legislation would require lawmakers to divest holdings or use blind trusts within 180 days of passage.
House panel holds hearing on banning congressional stock trades as bipartisan bill gains steam
The House Administration Committee held a hearing on the Restore Trust in Congress Act, a bipartisan effort led by Reps. Chip Roy and Seth Magaziner. The bill, which reconciles the earlier TRUST in Congress Act, would ban stock ownership for members, spouses, and dependent children.
Nevada representatives join push to ban stock trading by members of Congress
Nevada Rep. Dina Titus co-sponsored the TRUST in Congress Act, reintroduced in January 2025. The bill requires members and their immediate families to place investments into qualified blind trusts to eliminate potential conflicts of interest and insider trading concerns.
Source Information
Document Type
Congressional Bill
Official Title
TRUST in Congress Act
Data Sources
Sponsor
Cosponsors
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