Congress members and their families banned from owning stocks
H.R. 10450 — REVEAL Act · Filed by Mariannette Miller-Meeks (R-IA) · Introduced Sep 16, 2026 · Referred to committee
Your members of Congress
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What it does
The bill stops Congress members, the President, Vice President, and judges from owning stocks while in office. Their spouses and kids face the same ban. People who break the rule must sell within 90 to 180 days. They must pay a 10% fee and give back profits. The bill lets them keep mutual funds, bonds, and homes.
Who it affects
Congress members, the President, Vice President, judges, and their spouses and kids must follow the ban. Citizens may see less corruption risk in how laws get made.
One thing to notice
Spouses and kids of officials must follow the same rules, even though they are not in office. Ethics offices decide who gets extra time or special permission.
From the analysis of the bill text, linked under Primary records below.
Where it stands
- Sep 16, 2026 — Introduced · Congress.gov: “Introduced in House”
- Sep 16, 2026 — Referred to House Committee on Ways and Means and House Committee on the Judiciary · Congress.gov: “Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House…”
Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.
Words to know
- mutual funds — A pool of money from many people invested in many stocks.
- bonds — Loans to the government or cities that pay back money over time.
- ethics offices — Government groups that watch for rule-breaking by officials.
How this was measured
Analysis — Quorum's AI read the bill text published by Congress.gov (10,726 characters) on Sep 24, 2026. Section numbers in the findings refer to that text, linked below; transparency and hidden-provision scores are compared against the median of 14,819 analysed bills.
Status and sponsors — Congress.gov's bill record — actions, committee referrals and cosponsors — loaded nightly. The timeline shows status changes, not every procedural action.
As of — page rendered 2026-09-25.
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