ThePolitibase
H.R. 396In CommitteeCONGRESS

TRUST in Congress Act

Commodities markets · Family relationships · Financial services and investments
Sponsor
Rep. Magaziner, Seth [D-RI-2]
D · RI-2
Key facts
Introduced: Jan 14, 2025
Chamber: House
Cosponsors: 102
Congress: 119th
Latest action · Jan 14, 2025
Referred to the House Committee on House Administration.

Summary

Transparent Representation Upholding Service and Trust in Congress Act or the TRUST in Congress Act

This bill requires a Member of Congress, as well as any spouse or dependent child of a Member, to place specified investments into a qualified blind trust (i.e., an arrangement in which certain financial holdings are placed in someone else's control to avoid a possible conflict of interest) until 180 days after the end of their tenure as a Member of Congress.

Summary by Congressional Research Service.

Timeline

  1. Jan 14, 2025
    Referred to the House Committee on House Administration.
  2. Jan 14, 2025
    Introduced in House
  3. Jan 14, 2025
    Introduced in House

Cosponsors (showing first 30 of 102)

In the News

View official record on Congress.gov →
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