Congress bans itself and top workers from trading stocks.

What it does

The bill stops members of Congress, the President, Vice President, and federal judges from owning stocks. It also stops other top federal workers and their spouses and kids from owning stocks. People covered must sell these investments within 180 days. If they take office after the law passes, they have 90 days. The ban does not cover mutual funds, Treasury bonds, or a home. It covers four things: stocks, oil and metals, futures, and derivatives. Anyone who breaks the rule pays a fine of 10%. They also give back profits they made. The fines are published online.

Who it affects

The bill affects members of Congress, the President, Vice President, federal judges, and other top federal workers. Their spouses and kids must follow the same rules. People see records of who broke the rules and how much they paid.

One thing to notice

The law requires spouses and kids of covered workers to follow the same rules as the workers. This affects family money choices.

From the analysis of the bill text, linked under Primary records below.

Where it stands

1 cosponsor: 1 Republicans.

• Jun 24, 2026 — Introduced · Congress.gov: “Introduced in House”
• Jun 24, 2026 — Referred to House Committee on the Judiciary and House Committee on House Administration · 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.

Money around this bill

1 groups reported lobbying about this bill. They filed 1 reports from Jun 2026 to Jun 2026.

Those reports show $20,000 in lobbying spending. Each report lists about 10 bills. So that money was not all for this bill.

More groups named this bill than 0% of bills with any report.

Maggie Goodlander, who sponsored the bill, received $308,575 from PACs for the 2026 election.

• Project on Government Oversight — $20,000 in 1 report

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• mutual funds — A pool of money from many people invested in many stocks at once.
• Treasury bonds — Loans people make to the federal government that pay back with interest.
• futures — Contracts to buy or sell oil, metals, or crops at a set price later.
• derivatives — Contracts whose value comes from the price of stocks or other things.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.