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Linked legislation: H.R. 9560
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Based on official legislative actions published by Congress.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Praveta uses official congressional material as its source of truth. You can review the underlying record directly.
The bill would bar covered officials and some close family from owning or trading many securities, commodities, and political prediction contracts.
Covers Members of Congress, President, Vice President, judges, and top executive officials
Requires divestiture or transfer to a qualified blind trust within 90 days
Prohibits prediction-market contracts tied to political or governmental events
Penalties include a fine equal to 10% of the investment value and disgorgement
If enacted, the bill would narrow the kinds of financial holdings high-level officials and some family members could own, require timely divestment or blind-trust placement, and create monetary penalties and public reporting for violations.
Members of Congress, the President, the Vice President, judicial officers, certain executive officials, and their spouses and dependent children would be affected.
Introduced in the House on June 30, 2026, and referred to multiple committees; no committee or floor vote recorded in the source.
Praveta summarizes official congressional material and keeps the underlying source available for review.