SimpleFunctions
LEGISLATION/H.R. 396

TRUST in Congress Act

119-HR-396119th CongressIntroduced Jan 14, 2025Congress
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on House Administration.

Sponsor

Rep. Magaziner, Seth [D-RI-2](D-RI-2)
103 cosponsors

Summary

Transparent Representation Upholding Service and Trust in Congress Act or the TRUST in Congress Act

This bill requires a Member of Congress, as well as any spouse or dependent child of a Member, to place specified investments into a qualified blind trust (i.e., an arrangement in which certain financial holdings are placed in someone else's control to avoid a possible conflict of interest) until 180 days after the end of their tenure as a Member of Congress.

Subjects

Commodities marketsFamily relationshipsFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities

Actions (3)

Referred to the House Committee on House Administration.
Jan 14, 2025House floor actions
Introduced in House
Jan 14, 2025Library of Congress
Introduced in House
Jan 14, 2025Library of Congress