Bill
HRES 491
Overview: HRES 491, NO STOCK Resolution, Submitted in House, June 09, 2025Purpose and Intent: This House resolution expresses the sense of Congress that members of the House of Rep
Overview: HRES 491, NO STOCK Resolution, Submitted in House, June 09, 2025
Purpose and Intent: This House resolution expresses the sense of Congress that members of the House of Representatives should be prohibited from buying, selling, or trading individual stocks while in office. The goal is to address potential conflicts of interest and restore public trust in elected officials.
Key Provisions:
- Calls for the House to adopt rules prohibiting members from purchasing, selling, or trading individual stocks
- Allows members to hold diversified investment funds, but not individual company stocks
- Requires members to place existing individual stock holdings in blind trusts
- Imposes penalties for violations, such as fines or loss of committee assignments
Affected Parties and Impacts:
- Current and future House members would be restricted in their personal investment activities
- Potential impacts on members' personal finances and investment strategies
- Increased public scrutiny and oversight of elected officials' financial dealings
Procedural and Timeline Considerations:
- The resolution was recently submitted in the House and has been referred to the Committee on Rules
- No timeline has been set for committee consideration or a potential floor vote
Compiled from official sources — confirm details with the bill’s official record.
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