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HR 253 119th Congress House Congress Family relationships Financial services and investments Government ethics and transparency, public corruption Government information and archives Members of Congress Securities

Bipartisan Restoring Faith in Government Act

Introduced: January 13, 2025 Introduced by: Fitzpatrick, Brian K. Republican · Pennsylvania See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 2025
Referred to the Committee on House Administration, 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.
Jan 9, 2025
Introduced in House
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 Plain-English summary Congressional Research Service

Bipartisan Restoring Faith in Government Act

This bill prohibits Members of Congress (and their spouses and dependents) from purchasing or selling certain investments, such as individual stocks and related financial instruments that are not diversified investment funds, U.S. Treasury securities, or other specified holdings.

Members must divest prohibited investments within 90 days by selling them or placing them in a qualified blind trust. The bill also restricts communications between trustees and beneficiaries related to investments held in qualified blind trusts.

Members must certify their compliance with the supervising ethics office, which must make the certificates publicly available online.

Violations are subject to specified civil penalties. Additionally, losses stemming from a transaction involving a prohibited investment that violates the provisions of the bill may not be deducted from income taxes.

What's happening now January 9, 2025

Referred to the Committee on House Administration, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Lobbying activity 19

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 19 filings →
 Cosponsors 14
All 14 Democratic 11 Republican 3
D
Landsman, Greg
Ohio · Dec 16, 2025
 R
Van Drew, Jefferson
New Jersey · Dec 3, 2025
 D
Lee, Summer L.
Pennsylvania · Oct 31, 2025
 D
Raskin, Jamie
Maryland · Jul 14, 2025
 D
Stansbury, Melanie A.
New Mexico · May 13, 2025
 D
Suozzi, Thomas R.
New York · May 5, 2025
 D
Levin, Mike
California · Apr 17, 2025
 D
McGarvey, Morgan
Kentucky · Mar 31, 2025
 D
Deluzio, Christopher R.
Pennsylvania · Jan 15, 2025
 D
Khanna, Ro
California · Jan 13, 2025
 R
Lawler, Michael
New York · Jan 13, 2025
 D
Krishnamoorthi, Raja
Illinois · Jan 9, 2025
 R
Mills, Cory
Florida · Jan 9, 2025
 D
Ocasio-Cortez, Alexandria
New York · Jan 9, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 253: Bipartisan Restoring Faith in Government Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-253/
MLA
"H.R. 253: Bipartisan Restoring Faith in Government Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-253/.
Bluebook (legal)
H.R. 253, 119th Cong. (2026), https://openamerica.io/bill/119-HR-253/.
Markdown link
[H.R. 253: Bipartisan Restoring Faith in Government Act](https://openamerica.io/bill/119-HR-253/)
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