Skip to content
Govbase
Govbase
Congress·In Committee·H.R. 7852

Rep. Stevens Introduces Bill to Ban Stock Trading and Corporate Board Service for Congress and Spouses

No Getting Rich in Congress Act

18 days ago·View on Congress.gov

Legislative Progress

House
Senate
President
Law

Key Points

  • Members of Congress, the President, Vice President, candidates, and their spouses and dependents would be banned from buying or selling individual stocks, crypto, commodities, and other covered investments unless placed in a qualified blind trust. Safe havens like diversified index funds, Treasury bonds, and state/municipal bonds are exempt.

    From policy text

    “no covered individual may, directly or indirectly, buy or sell a covered investment, unless such covered investment is located in a qualified blind trust.”
    View in full text
  • Lawmakers and their spouses would be barred from serving on the boards of for-profit companies. Spouses already on a board could finish their current term but could not seek a new officer position or renew for another term while their partner serves in Congress.

    From policy text

    “a Member of Congress or the spouse of a Member of Congress may not serve as an officer or member of any board of any for-profit association, corporation, or other similar for-profit entity.”
    View in full text
  • Former Members of Congress and Senate-confirmed officials would face a lifetime ban on lobbying for foreign countries of concern, including China, Russia, North Korea, and Iran. Violations would carry criminal penalties.

    From policy text

    “Any person who is a Member of the House of Representatives, a Senator, or was appointed to a position by the President, by and with the advice and consent of the Senate, and who knowingly, at any point after that person leaves office”
    View in full text
  • Spouses of senior federal officials — including lawmakers and Senate-confirmed appointees — would be required to register and file quarterly reports disclosing any advocacy work they do to influence the government, closing a major lobbying loophole.

    From policy text

    “a spouse of any individual who is a covered Federal official on such date shall register with the Secretary of the Senate and Clerk of the House of Representatives.”
    View in full text
  • Violators of the stock trading ban must forfeit all profits and could face penalties up to three times the value of the investment. They cannot use campaign funds, taxpayer-funded office budgets, or political donations to pay the fines.

    From policy text

    “an amount equal to three times the value of the covered investment at issue”
    View in full text
Economy FinanceCriminal JusticeNational Security Foreign Policy

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions
Mar 5, 2026House

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.

Mar 5, 2026

Introduced in House

What Happens Next

Projected impacts based on AI analysis

Within 6 months of enactment

Guidance on spousal registration and disclosure requirements is issued

Within 180 days of enactment, the Secretary of the Senate and Clerk of the House would publish rules explaining how spouses of officials must register and report their advocacy activities.

Upon enactment

Stock trading ban and blind trust requirements take effect

Members of Congress, the President, Vice President, candidates, and their families would need to stop trading individual stocks, crypto, and other covered investments — or move them into a qualified blind trust.

About 7-8 months after enactment

Spouses of current officials must complete registration

Spouses of sitting Members of Congress and Senate-confirmed officials would have 45 days after guidance is issued to register with the Secretary of the Senate and Clerk of the House.

Source Information

Document Type

Congressional Bill

Official Title

No Getting Rich in Congress Act

Bill NumberHR 7852
Congress119th Congress
ChamberHouse of Representatives
Latest ActionReferred 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.

Sponsor

Cosponsors

(5)
D: 5

Analysis generated by AI. Always verify with official sources.