Sponsors (4)
The bill creates a statutory framework to regulate federal employees' investments that could reduce conflicts of interest but also limit employees' investment choices and impose compliance costs.
No clear benefits specified in the provided sections.
Federal employees: may face new statutory limits on personal investments and outside financial interests, which would constrain their private investment choices and autonomy.
Federal employees: could incur additional compliance costs and reduced investment flexibility once implementing rules are issued, complicating financial planning and potentially lowering net returns.
Based on analysis of 2 sections of legislative text.
Inserts an empty Chapter 131 in Title 5 titled "Restrictions on trade and ownership of covered investments," but includes no substantive provisions.
Creates a new, named chapter in Title 5 of the U.S. Code called "Restrictions on trade and ownership of covered investments." The text only inserts the chapter heading and a placeholder subchapter into law; it does not contain any definitions, substantive rules, deadlines, funding, or enforcement language. Because the bill only adds an empty chapter entry and no operative provisions, it imposes no immediate legal requirements or changes. It appears to reserve statutory space for future restrictions on trading or owning certain investments by federal personnel, but any actual rules would require additional legislation or implementing regulations.
Official title: To amend chapter 131 of title 5 to restrict certain financial trade and ownership for certain Federal officials and their spouses and dependents, and for other purposes.
Introduced June 30, 2026 by Kristen McDonald Rivet · Last progress June 30, 2026