To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Trade, Immigration.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HCD4168C7DCF045158F1BB65822565F5A: 1. Prohibiting transactions and ownership of certain financial instruments by Members of Congress and their spouses Chapter 131 of title 5, United States Code,...
- Section H272BFD107FB64AF88B59F551A9E45215: 13151. Definitions In this subchapter— the term covered financial instrument— means— any investment in— a security (as defined in section 3(a) of Securities...
- Section H229A608EB0B04240B7DE785D507551F7: 13152. Prohibition on certain transactions and holdings involving covered financial instruments Except as provided in subsection (b), a Member of Congress and...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Trade, Immigration
Primary Purpose
This bill, To amend title 5, United States Code, to prohibit Members of Congress and their spouses from trading stock, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Legislative Progress
IntroducedMr. Bresnahan introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology