Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act
Hawley and Ossoff Lead Bipartisan Push to Ban Stock Trading by Members of Congress and Top Executive Leaders
Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
Stalled
No legislative action in over 90 days.
The HONEST Act has been approved by its committee and is now waiting on the Senate calendar for a full vote. Although the bill is currently listed as stalled, it remains active and ready for further action by the Senate. There are no upcoming votes scheduled at this time.
Legislative Progress
The bill has rare bipartisan support and has cleared a key committee, but it faces a difficult path in the full chambers where many members currently hold stocks.
Key Points
Impact Analysis
Personal Impact
Life & Work
Ethics office staff in both chambers of Congress and the Administrative Office of the U.S. Courts would take on significant new responsibilities under this bill. They would need to build new electronic filing and public search systems, process divestiture requests, issue rules and guidance, monitor compliance, impose fines, and publish enforcement actions online. This is a meaningful expansion of their workload.
Activities
Milestones
Placed on Senate Legislative Calendar under General Orders. Calendar No. 294.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with an amendment in the nature of a substitute. Without written report.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
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.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
Sponsor
Cosponsors
(5)Analysis generated by AI. Always verify with official sources.