United States 119th Congress Status: In Committee Bipartisan · 11 D · 4 R cosponsors

HR 253 — Bipartisan Restoring Faith in Government Act

Last action — 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.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced January 09, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 15 sponsors

    1 primary, 14 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (11 D · 4 R) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

Action History

  1. Introduced in House

  2. Introduced in House

  3. 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.

  4. 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.

Sponsors

Sponsorship breakdown

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1 sponsors · 14 co-sponsors · 532 not signed on

Sponsors (1)

Co-sponsors (14)

Not signed on (532)

532 members have not signed on to this bill.

Show all 532 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance civil-rights elections
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HR 253 do?
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.
Who sponsors HR 253?
HR 253 is sponsored by Fitzpatrick, Brian K. (Republican), Ocasio-Cortez, Alexandria (Democratic), Mills, Cory (Republican), Krishnamoorthi, Raja (Democratic), Lawler, Michael (Republican), Khanna, Ro (Democratic), Deluzio, Christopher R. (Democratic), McGarvey, Morgan (Democratic), Levin, Mike (Democratic), Suozzi, Thomas R. (Democratic), Stansbury, Melanie A. (Democratic), Raskin, Jamie (Democratic), Lee, Summer L. (Democratic), Van Drew, Jefferson (Republican), and Landsman, Greg (Democratic).
What is the current status of HR 253?
This bill is in committee in the House. Introduced January 09, 2025. It must pass committee before a floor vote.
Where can I track HR 253?
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Last checked for changes 3 months ago · updated continuously

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