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Neutral Bill Mar 16, 2026

To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3182 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3182 To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 5, 2025 Mr. Bresnahan introduced the following bill; which was referred to the Committee on House Administration _______________________________________________________________________ A BILL To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, 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. PROHIBITING TRANSACTIONS AND OWNERSHIP OF CERTAIN FINANCIAL INSTRUMENTS BY MEMBERS OF CONGRESS AND THEIR SPOUSES. (a) In General.--Chapter 131 of title 5, United States Code, is amended by adding after subchapter III the following: ``SUBCHAPTER IV--RESTRICTIONS REGARDING FINANCIAL INSTRUMENTS ``Sec. 13151. Definitions ``In this subchapter-- ``(1) the term `covered financial instrument'-- ``(A) means-- ``(i) any investment in-- ``(I) a security (as defined in section 3(a) of Securities Exchange Act of 1934 (15 U.S.C. 78c(a))); ``(II) a security future (as defined in that section); or ``(III) a commodity (as defined in section 1a of the Commodity Exchange Act (7 U.S.C. 1a)); and ``(ii) any economic interest comparable to an interest described in subclause (I) that is acquired through synthetic means, such as the use of a derivative, including an option, warrant, or other similar means; and ``(B) does not include-- ``(i) a diversified mutual fund; ``(ii) a diversified exchange-traded fund; ``(iii) any investment in the Thrift Savings Plan; or ``(iv) a United States Treasury bill, note, or bond; ``(2) the term `Member of Congress' has t

https://www.congress.gov/bill/119th-congress/house-bill/3182
Robert Bresnahan U.S. Representative
Congress
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