Restoring Trust in Public Servants Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2852 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2852 To prohibit Federal officials from owning covered investments, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES September 17 (legislative day, September 16), 2025 Mr. Kim introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To prohibit Federal officials from owning covered investments, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Restoring Trust in Public Servants Act''. SEC. 2. OWNERSHIP OF COVERED INVESTMENTS. (a) Definitions.--In this section: (1) Commodity; security future.--The terms ``commodity'' and ``security future'' have the meanings given those term in section 1a of the Commodity Exchange Act (7 U.S.C. 1a). (2) Covered investment.-- (A) In general.--The term ``covered investment'' means-- (i) an investment in-- (I) a security; (II) a commodity; (III) a digital asset; or (IV) a security future; and (ii) any economic interest comparable to an interest described in clause (i) that is acquired through synthetic means, such as the use of a derivative, including an option, warrant, or other, similar means. (B) Inclusions.--The term ``covered investment'' includes an investment or economic interest described in subparagraph (A) that is held directly, or in which an individual has an indirect, beneficial, or economic interest, through-- (i) an investment fund; (ii) a trust; (iii) an employee benefit plan; or (iv) a deferred compensation plan, including a carried interest or other agreement tied to the performance of an investment, other than a fixed cash payment. (C)