HR. 1599In Committee
Dismantling Investments in Violation of Ethical Standards through Trusts Act
Prohibits Senior Executive Service employees and their immediate families from trading or holding specified financial instruments during the employee's service, with blind trust and limited asset exceptions
Plain-English overview
What this bill does
Prohibits Senior Executive Service employees and their immediate families from trading or holding specified financial instruments during the employee's service, with blind trust and limited asset exceptions
Key points
- Require annual compliance certifications
- Prohibit covered financial holdings
- Authorize disgorgement and civil fines
- Direct GAO compliance audits
Current status
Where it stands
Status
In Committee
Latest action
2025-02-26 — Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, 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.
Related context
Topics and policy areas
undefinedCommodities marketsFamily relationshipsFederal officialsFinancial services and investmentsGovernment employee pay, benefits, personnel managementGovernment ethics and transparency, public corruptionGovernment Operations and Politics