In House Committee·Last action 294 days ago

Members of Congress and families would face a broad stock-trading ban

Officially: Ending Trading and Holdings in Congressional Stocks (ETHICS) Act

Members of Congress and their close families could no longer buy or keep most individual stocks. They would have to sell them or use approved blind trusts, and late stock trade reports would trigger fines.

Use this page to support, oppose, or ask Congress to amend H.R.4890. Modern Action helps you understand the bill, find the right senators or representative, and generate a bill-specific message you can review before sending.

Where it stands

Sitting in House Administration

No vote scheduled. Constituent contact is what moves bills out of committee.

What this bill actually does

Members of Congress could not buy new covered investments after the law starts. Covered investments include most individual stocks, commodities, futures, and similar financial products.
Members, spouses, and dependent children would have to sell covered investments or put them in qualified blind trusts. They would generally have 120 days after a new term starts, with limited extensions.
Dependent children could keep up to $10,000 total in covered investments. A legal guardian would have to manage those investments.

↓ Why your message matters here

This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.

Where your representatives stand

Enter your ZIP to see how your senators and member of Congress have voted, sponsored, or spoken on this bill.

The debate

What people are saying about this bill

✓Arguments in support

Preventing Conflicts of Interest: Supporters argue that the bill will help prevent lawmakers from making decisions that benefit their own financial interests.
Increasing Public Trust: By banning stock trading, the bill aims to increase trust in Congress and the political system.
Promoting Transparency: The requirement for detailed financial disclosures is seen as a way to promote transparency and accountability.

✕Arguments against

Limiting Personal Freedom: Opponents argue that the bill restricts the personal financial freedom of lawmakers.
Potential for Unintended Consequences: Critics worry that the bill could have unintended consequences for the financial markets and the economy.
Challenges in Implementation: Some believe that the bill could be difficult to implement and enforce effectively.

Where this bill is in the process

Legislative timeline

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Introduced

Introduced in House

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House Committee

Under House committee consideration

Latest: Referred to the Committee on House Administration, and in addition to the Committees on Oversight and Government Reform, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (8/5/2025)

AUG 5

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House Floor Vote

Voted on by House

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Passed House

Approved by House

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Senate Review

Sent to Senate for consideration

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Passed Both Chambers

Approved by both House and Senate

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Signed into Law

Signed by the President

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For more detail

Read deeper

Questions people ask before contacting Congress

How do I support or oppose H.R.4890?

Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can review, edit, and send.

Who does Modern Action contact about this bill?

Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the generated message to your House representative when that is the most relevant target for this bill.

What does Modern Action include in the message?

The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you review it before it sends.

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