S 2852 — Restoring Trust in Public Servants Act

Bill Text

• Introduced Introduced in Senate Current html September 17, 2025

Compared against current U.S. Code AI-generated reading aid — verify against the official bill.

The bill prohibits Federal officials from owning covered investments and imposes penalties for violations.

• 5 U.S.C. § 13103

  (2) Covered investment.--(A) In general.--The term "covered investment" means--(i) an investment in--(I) a security; (II) a commodity; (III) a digital asset; or (IV) a security future; and (ii) any economic interest comparable to an interest described in clause (i) that is acquired through synthetic means, such as the use of a derivative, including an option, warrant, or other, similar means.

  Defines 'covered investment' to include various financial instruments and economic interests.

• 5 U.S.C. § 13103

  (2) Compliance.--(A) In general.--Except as provided in subparagraph (B), to comply with the requirements under paragraph (1), a covered official or family member of a Member of Congress shall divest of any covered investment prior to the expiration of the applicable compliance period.

  Requires Federal officials and their family members to divest any covered investments to comply with the law.

• 5 U.S.C. § 13103

  (1) Conduct during federal service.--Except as described in paragraph (2), no covered official or family member of a Member of Congress may own or trade any covered investment.

  Prohibits Federal officials and their family members from owning or trading covered investments.

• 5 U.S.C. § 13103

  (c) Penalties.--(1) In general.--Except as provided in paragraph (2), a covered official in violation of this section, as determined by the supervising ethics office, shall pay a penalty in an amount equal to the fee set forth under section 13106(d)(1) of title 5, United States Code, for each such violation.

  Establishes penalties for violating the prohibition on owning covered investments.

• 5 U.S.C. § 13103

  (d) Publication.--For each individual in violation of this section, as determined by the supervising ethics office, the supervising ethics office shall make available a list, on a publicly accessible website of the supervising ethics office, detailing the names, occupation, and office of employment for each such individual or, in the case of a family member of a Member of Congress, the name of such family member and of such Member of Congress.

  Mandates public disclosure of individuals violating the prohibition on covered investments.

• 5 U.S.C. § 13106

  for each such violation. → for each such violation, subject to the conditions in section 2.

  Clarifies that the penalty applies under specific conditions related to covered investments.

• 5 U.S.C. § 1043(b)(1)

  (C) any-- (i) covered official described in subparagraph (B) or (C) of section 2(a)(3) of the Restoring Trust in Public Servants Act who is not described in subparagraph (A), (ii) any covered official described in subparagraph (A) of section 2(a)(3) of such Act, and (iii) any family member of a Member of Congress (as such terms are defined in section 2(a) of such Act).

  Expands tax treatment provisions to include covered officials and their family members under the new Act.

• 5 U.S.C. § 1043(b)(2)

  by the President or the Director of the Office of Government Ethics, in the case of executive branch officers or employees, or by the Judicial Conference of the United States (or its designee), in the case of judicial officers, and → by the appropriate supervising ethics office (as defined in section 2(a) of the Restoring Trust in Public Servants Act),

  Changes the authority responsible for issuing certificates of divestiture to the supervising ethics office.

Action History

1. September 17, 2025

   Introduced in Senate

2. September 17, 2025

   Read twice and referred to the Committee on Finance.

Sponsors

• Andy Kim · Primary

Subjects