The Good Government Act of 2025 would bar Members of Congress, their spouses, and dependent children from holding, buying, or selling many investments while the member serves. Covered investments include securities, commodities, and some related financial interests. Diversified mutual funds and exchange-traded funds, U.S. Treasury securities, and certain retirement funds are excluded. Members would have to sell covered investments or place them in ethics-approved blind trusts. The bill also requires annual compliance certifications, public records about trusts and enforcement, and a Government Accountability Office audit within two years. The bill was introduced in the Senate and referred to a committee; it has not been enacted.
The requirements would apply to members of Congress and their spouses and dependent children, not the general public. The bill would make specified trust and enforcement records available on ethics offices’ public websites.
The bill does not specify implementation costs or provide a funding amount. It would allow civil penalties for violations and require members to give the Treasury profits from prohibited transactions or holdings.
No publicly available information.
No publicly available information.