Jon Ossoff (D-GA)
A resolution prohibiting the buying or selling of certain investments by Senators.
A Democratic resolution with no cosponsors
Last activity — Referred to the Committee on Rules and Administration. (text: CR S3060)
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
- Introduced
- In Committee
A Senate resolution is the Senate speaking for itself: stating a position, honouring someone, or setting its own rules. Adopting it is the whole process. Once the Senate agrees to it, it is officially the Senate's word; it is not a law, so the House and the President have no part in it.
What this bill would do
This resolution proposes an amendment to Rule XXXVII of the Standing Rules of the Senate. It aims to prohibit Senators from participating in certain financial activities. Specifically, the bill would prevent Senators from buying or selling publicly traded stock or cryptocurrency. This change is intended to take effect on January 1, 2027.
Yes
- Scored +4
Does this make what the government does easier for the public to see?
The resolution enhances institutional integrity by preventing Senators from participating in markets that may be influenced by their legislative actions.
- Scored +3
Does this give people more protection from unfair business practices?
Prohibiting Senators from trading stocks and cryptocurrency reduces potential conflicts of interest and the use of non-public information for consumer detriment.
The opposite
- Scored -2
Would people with substantial wealth be better off under this?
Senators who are high net worth individuals will be restricted from participating in specific asset classes like publicly traded stocks and cryptocurrency.
Who it would affect, and how
Potential Positive Impacts for People
- Restriction on financial transactions: No Senator may buy or sell a publicly traded stock or cryptocurrency starting January 1, 2027 (Section 1).
Potential Negative Impacts for People
- No specific negative impacts are mentioned in the text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The resolution enhances institutional integrity by preventing Senators from participating in markets that may be influenced by their legislative actions.
- Economy And Finance
- Does this give people more protection from unfair business practices? — Prohibiting Senators from trading stocks and cryptocurrency reduces potential conflicts of interest and the use of non-public information for consumer detriment.
- Demographic And Interest Groups
- Would people with substantial wealth be better off under this? — Senators who are high net worth individuals will be restricted from participating in specific asset classes like publicly traded stocks and cryptocurrency.
- 6/23/2026
- Submitted in Senate
- Referred to the Committee on Rules and Administration. (text: CR S3060)