STOCK Act 2.0

Summary

STOCK Act 2.0 This bill expands restrictions on investment practices and requirements for financial disclosures that apply to specified high-level government officials. In particular, the bill bars individual stock trading by (1) Members of Congress, (2) the President and Vice President, (3) Supreme Court Justices, (4) governors of the Federal Reserve Board, and (5) presidents and vice presidents of Federal Reserve banks. Additionally, the bill requires financial disclosures to include loans, contracts, and other benefits (excluding salaries, compensation, or tax refunds) from the federal government. It also requires additional officials, namely judges and senior leaders of Federal Reserve banks, to make the disclosures. Further, the bill directs supervising ethics agencies to make the disclosures publicly available in formats that are easily searchable, sortable, and downloadable.

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Timeline

1. 9 February 2022

   Introduced

   Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

   Source: IntroReferral

2. 9 February 2022

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 9 February 2022 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 9 February 2022

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 9 February 2022

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 9 February 2022

  Open at official source

Sponsors

• Kirsten Gillibrand · D · Sponsor
• · ssga00 · Standing

Related records

• related to ← STOCK Act 2.0