Mariannette Miller-Meeks (R-IA)

REVEAL Act

H.R. 10450 · House bill Government Operations and Politics

A Republican bill with no cosponsors

Last activity — Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on House Administration, the Judiciary, and 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.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill is known as the REVEAL Act. It bans certain political officials from owning or trading stocks and from trading on prediction markets. The rules apply to folks like Members of Congress, the President, the Vice President, political appointees, and judicial officers, along with their spouses and dependent children. Covered individuals must sell off their restricted investments by set deadlines, though common exceptions like diversified mutual funds, U.S. Treasury bonds, and personal residences are allowed. If someone breaks these rules, they face financial penalties and have to give up their profits. Ethics offices are also required to post information about these fines online for the public to see.

Yes

  • Scored +8

    Does this make what the government does easier for the public to see?

    The bill requires supervising ethics offices to publish descriptions of all fines, reasons for them, and outcomes on a public website.

The opposite

No question was scored the opposite.