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TRUST in Congress Act

USA119th CongressHR-396| House 
| Updated: 1/14/2025
Seth Magaziner

Seth Magaziner

Democratic Representative

Rhode Island

Cosponsors (101)
Dusty Johnson (Republican)John W. Mannion (Democratic)April McClain Delaney (Democratic)Donald Norcross (Democratic)Chip Roy (Republican)Nikema Williams (Democratic)Yassamin Ansari (Democratic)Marcy Kaptur (Democratic)Laura Friedman (Democratic)Jared F. Golden (Democratic)Chris Pappas (Democratic)Jared Huffman (Democratic)Mikie Sherrill (Democratic)Gabe Amo (Democratic)Robert Garcia (Democratic)Marie Gluesenkamp Perez (Democratic)Mark Pocan (Democratic)Robert Menendez (Democratic)Gabe Vasquez (Democratic)Christopher R. Deluzio (Democratic)Emanuel Cleaver (Democratic)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Elijah Crane (Republican)Joe Courtney (Democratic)Zachary Nunn (Republican)Ilhan Omar (Democratic)Keith Self (Republican)Greg Landsman (Democratic)Eugene Simon Vindman (Democratic)Steven Horsford (Democratic)Young Kim (Republican)Maxine Dexter (Democratic)Dina Titus (Democratic)Madeleine Dean (Democratic)Suzan K. DelBene (Democratic)Sarah Elfreth (Democratic)Andrea Salinas (Democratic)Paul Tonko (Democratic)Angie Craig (Democratic)Delia C. Ramirez (Democratic)Donald G. Davis (Democratic)Greg Casar (Democratic)Jeff Hurd (Republican)Haley M. Stevens (Democratic)Shri Thanedar (Democratic)Frank J. Mrvan (Democratic)Jake Auchincloss (Democratic)Scott Perry (Republican)Ro Khanna (Democratic)Greg Stanton (Democratic)Thomas H. Kean (Republican)George Latimer (Democratic)Anna Paulina Luna (Republican)John B. Larson (Democratic)Emilia Strong Sykes (Democratic)Nancy Mace (Republican)Hillary J. Scholten (Democratic)Kat Cammack (Republican)Morgan McGarvey (Democratic)Jerrold Nadler (Democratic)Brittany Pettersen (Democratic)Alma S. Adams (Democratic)Ami Bera (Democratic)Josh Harder (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)Sharice Davids (Democratic)Lauren Boebert (Republican)Nellie Pou (Democratic)Mary Gay Scanlon (Democratic)Josh Riley (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Donald S. Beyer (Democratic)Eric Sorensen (Democratic)Summer L. Lee (Democratic)William R. Keating (Democratic)Johnny Olszewski (Democratic)Sarah McBride (Democratic)Juan Ciscomani (Republican)Mike Thompson (Democratic)Suzanne Bonamici (Democratic)Jared Moskowitz (Democratic)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Emily Randall (Democratic)Michael Lawler (Republican)Ralph Norman (Republican)Jesús G. "Chuy" García (Democratic)Jason Crow (Democratic)Teresa Leger Fernandez (Democratic)George Whitesides (Democratic)Rashida Tlaib (Democratic)Kweisi Mfume (Democratic)Ryan Mackenzie (Republican)Veronica Escobar (Democratic)Lloyd Doggett (Democratic)Chellie Pingree (Democratic)Mike Levin (Democratic)

Committee on House Administration

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation, known as the "TRUST in Congress Act," mandates that Members of Congress, along with their spouses and dependent children, place specific financial assets into qualified blind trusts. Current Members must comply within 180 days of enactment, while new Members have 90 days after assuming office. These trusts cannot be dissolved, nor can the investments be controlled, until 180 days after the Member leaves Congress, ensuring a sustained separation from financial decision-making. To ensure accountability, Members must certify to the Clerk of the House or Secretary of the Senate that a blind trust has been established for all covered investments , or that no such investments are owned. These certifications will be made publicly available on the respective websites. A "covered investment" includes securities, commodities, and futures, but notably excludes widely held investment funds and U.S. Treasury bills, notes, or bonds. An exception exists for spouses or dependent children who receive compensation from their primary occupation through a covered investment.
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Timeline

Bill from Previous Congress

HR 116-7200
TRUST in Congress Act

Bill from Previous Congress

HR 117-336
TRUST in Congress Act

Bill from Previous Congress

HR 118-345
TRUST in Congress Act
Jan 14, 2025
Introduced in House
Jan 14, 2025
Referred to the House Committee on House Administration.
  • Bill from Previous Congress

    HR 116-7200
    TRUST in Congress Act


  • Bill from Previous Congress

    HR 117-336
    TRUST in Congress Act


  • Bill from Previous Congress

    HR 118-345
    TRUST in Congress Act


  • January 14, 2025
    Introduced in House


  • January 14, 2025
    Referred to the House Committee on House Administration.

Congress

Commodities marketsFamily relationshipsFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities

TRUST in Congress Act

USA119th CongressHR-396| House 
| Updated: 1/14/2025
This legislation, known as the "TRUST in Congress Act," mandates that Members of Congress, along with their spouses and dependent children, place specific financial assets into qualified blind trusts. Current Members must comply within 180 days of enactment, while new Members have 90 days after assuming office. These trusts cannot be dissolved, nor can the investments be controlled, until 180 days after the Member leaves Congress, ensuring a sustained separation from financial decision-making. To ensure accountability, Members must certify to the Clerk of the House or Secretary of the Senate that a blind trust has been established for all covered investments , or that no such investments are owned. These certifications will be made publicly available on the respective websites. A "covered investment" includes securities, commodities, and futures, but notably excludes widely held investment funds and U.S. Treasury bills, notes, or bonds. An exception exists for spouses or dependent children who receive compensation from their primary occupation through a covered investment.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-7200
TRUST in Congress Act

Bill from Previous Congress

HR 117-336
TRUST in Congress Act

Bill from Previous Congress

HR 118-345
TRUST in Congress Act
Jan 14, 2025
Introduced in House
Jan 14, 2025
Referred to the House Committee on House Administration.
  • Bill from Previous Congress

    HR 116-7200
    TRUST in Congress Act


  • Bill from Previous Congress

    HR 117-336
    TRUST in Congress Act


  • Bill from Previous Congress

    HR 118-345
    TRUST in Congress Act


  • January 14, 2025
    Introduced in House


  • January 14, 2025
    Referred to the House Committee on House Administration.
Seth Magaziner

Seth Magaziner

Democratic Representative

Rhode Island

Cosponsors (101)
Dusty Johnson (Republican)John W. Mannion (Democratic)April McClain Delaney (Democratic)Donald Norcross (Democratic)Chip Roy (Republican)Nikema Williams (Democratic)Yassamin Ansari (Democratic)Marcy Kaptur (Democratic)Laura Friedman (Democratic)Jared F. Golden (Democratic)Chris Pappas (Democratic)Jared Huffman (Democratic)Mikie Sherrill (Democratic)Gabe Amo (Democratic)Robert Garcia (Democratic)Marie Gluesenkamp Perez (Democratic)Mark Pocan (Democratic)Robert Menendez (Democratic)Gabe Vasquez (Democratic)Christopher R. Deluzio (Democratic)Emanuel Cleaver (Democratic)Chrissy Houlahan (Democratic)Gregory F. Murphy (Republican)Elijah Crane (Republican)Joe Courtney (Democratic)Zachary Nunn (Republican)Ilhan Omar (Democratic)Keith Self (Republican)Greg Landsman (Democratic)Eugene Simon Vindman (Democratic)Steven Horsford (Democratic)Young Kim (Republican)Maxine Dexter (Democratic)Dina Titus (Democratic)Madeleine Dean (Democratic)Suzan K. DelBene (Democratic)Sarah Elfreth (Democratic)Andrea Salinas (Democratic)Paul Tonko (Democratic)Angie Craig (Democratic)Delia C. Ramirez (Democratic)Donald G. Davis (Democratic)Greg Casar (Democratic)Jeff Hurd (Republican)Haley M. Stevens (Democratic)Shri Thanedar (Democratic)Frank J. Mrvan (Democratic)Jake Auchincloss (Democratic)Scott Perry (Republican)Ro Khanna (Democratic)Greg Stanton (Democratic)Thomas H. Kean (Republican)George Latimer (Democratic)Anna Paulina Luna (Republican)John B. Larson (Democratic)Emilia Strong Sykes (Democratic)Nancy Mace (Republican)Hillary J. Scholten (Democratic)Kat Cammack (Republican)Morgan McGarvey (Democratic)Jerrold Nadler (Democratic)Brittany Pettersen (Democratic)Alma S. Adams (Democratic)Ami Bera (Democratic)Josh Harder (Democratic)Betty McCollum (Democratic)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)Sharice Davids (Democratic)Lauren Boebert (Republican)Nellie Pou (Democratic)Mary Gay Scanlon (Democratic)Josh Riley (Democratic)Jamie Raskin (Democratic)Joe Neguse (Democratic)Donald S. Beyer (Democratic)Eric Sorensen (Democratic)Summer L. Lee (Democratic)William R. Keating (Democratic)Johnny Olszewski (Democratic)Sarah McBride (Democratic)Juan Ciscomani (Republican)Mike Thompson (Democratic)Suzanne Bonamici (Democratic)Jared Moskowitz (Democratic)Josh Gottheimer (Democratic)Linda T. Sánchez (Democratic)Emily Randall (Democratic)Michael Lawler (Republican)Ralph Norman (Republican)Jesús G. "Chuy" García (Democratic)Jason Crow (Democratic)Teresa Leger Fernandez (Democratic)George Whitesides (Democratic)Rashida Tlaib (Democratic)Kweisi Mfume (Democratic)Ryan Mackenzie (Republican)Veronica Escobar (Democratic)Lloyd Doggett (Democratic)Chellie Pingree (Democratic)Mike Levin (Democratic)

Committee on House Administration

Congress

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Commodities marketsFamily relationshipsFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities