This resolution states that certain federal officials, Members of Congress, and their close family members should be barred from profiting from federal equity purchases in private companies. It also says they should not buy or receive equity that the federal government sells or transfers, or receive compensation connected to those transactions. The resolution expresses the Senate’s view; it does not set out a direct legal penalty.
The resolution would express the Senate’s position on conflicts of interest in federal equity transactions. It does not describe direct effects on individuals outside the listed officials and family members.
No publicly available information.
The resolution states that equity interests acquired with taxpayer funds belong to the people and should not be used to enrich federal officials, Members of Congress, or their families.
No publicly available information.