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S. 1498119th CongressCongress
Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
Sponsored by Sen. Josh Hawley (R-MO) · 5 active : 1 Republican, 4 Democrats
Latest action: Placed on Senate Legislative Calendar under General Orders. Calendar No. 294.
Where it standsBefore the Senate8 senators score as swing votes
Hasn’t passed either chamber
- Senate: next
- House: not yet
- President: not yet
Summary
, via Congress.govHalting Ownership and Non-Ethical Stock Transactions (HONEST) Act
This bill generally prohibits the President, Vice President, and Members of Congress (and their spouses and dependents) from owning, acquiring, or selling certain investments, including individual stocks and digital assets. Violations are subject to specified civil penalties.
Under the bill, covered officials and their spouses and dependents may not purchase or sell individual stocks, digital assets, or related financial instruments that are not diversified investment funds, Treasury securities, or certain other holdings.
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The bill also prohibits covered officials, their spouses, or their dependents from maintaining a qualified blind trust. The bill requires covered officials to divest from prohibited investments they, their spouse, or their dependent owns or controls. The bill establishes processes for divestment from qualified blind trusts and disposition of certain inherited investments. Violations are subject to specified civil penalties.
Covered officials, their spouses, and their dependents are prohibited from controlling or purchasing prohibited investments until 90 days after the covered official ceases to serve in office.
Each applicable supervising ethics office must make related information (e.g., certain notices of divestiture; descriptions of assets held in trusts; and federal loans, grants, or related benefits that the official received) available online in a searchable format.
Further, the bill imposes penalties on Members of and candidates for Congress and congressional employees for failing to comply with existing financial disclosure requirements.
Committees and subjects
Committees
- Senate Committee on Homeland Security and Governmental Affairs · SenateReported by · Markup by · Referred to
Subjects
- Civil actions and liability
- Commodities markets
- Congressional oversight
- Family relationships
- Financial services and investments
- Government ethics and transparency, public corruption
- Government information and archives
- Government studies and investigations
- Members of Congress
- Securities
Model
Directional: count only breaks toward the other partyWhy do scores change?v3default (selected)v2 model swing-v2
How the Senate breaks down
- 8Swing 70–100
- 65Middle 30–70
- 27Entrenched 0–30
Members fall into . All 100 senators have enough data to score.
Key players in the Senate
Ranked by swing score, 0–100 · swing-v3Bars show each input from 0 to 100: ideology gap, scorecard gap, , and the . is the seat’s partisan lean, and shows how much of the input data a score has.
- 1
John FettermanDemocrat · Pennsylvania · Lean R+1Senate Committee on Homeland Security and Governmental Affairs
Similar past votes, Senate
Earlier behind swing-v3’s inputLoading similar votes
Cosponsors
5 activeShow all 5 cosponsors
- Bernie Moreno (R-OH)
- Gary C. Peters (D-MI)
- Jon Ossoff (D-GA)
- Jeff Merkley (D-OR)
- Catherine Cortez Masto (D-NV)
How the swing score works
Ideology gapHow far a member’s DW-NOMINATE voting score sits from their party’s median in the same chamber.
Scorecard gapHow far their Heritage Action and LCV ratings stray from their party’s average, using the groups’ votes on similar bills where available.
Cross-pressureHow strongly their district or state leans toward the other party, from our own computed partisan lean.
Similar votesHow often they voted against their own party on earlier roll calls about this bill or similar ones.
Committee bonusMembers of the committees handling the bill decide whether it moves, so they get a boost.
Cosponsor checkThe sponsor and active cosponsors have already committed, so they drop toward entrenched.
