What This Bill Does
This House bill would impose a broad set of ethics, campaign finance, election, and constitutional reforms aimed at federal officials and the political system more generally. It would bar the President, Vice President, and Members of Congress from stock trading and prediction market participation, suspend congressional pay during government shutdowns, and create term limits for Congress and the Supreme Court. It also seeks to reform the presidential pardon power, strengthen emoluments restrictions, overturn Citizens United, ban dark money and corporate PACs, end partisan gerrymandering and voter suppression, and limit certain government pensions tied to felony convictions and lawsuits by the President.
- Bans stock trading and prediction market participation by the President, Vice President, and Members of Congress.
- Suspends pay for Members of Congress during government shutdowns.
- Establishes term limits for Congress and term limits and ethics rules for the Supreme Court.
- Seeks to overturn Citizens United and ban dark money and corporate PACs.
- Targets partisan gerrymandering, voter suppression, emoluments, and the presidential pardon power.
Who This Bill Affects
For most Americans, this bill would mainly matter through changes to how federal leaders are allowed to trade, raise money, and stay in office, rather than through direct benefits or costs in a federal program. If enacted, it could reduce perceived conflicts of interest among top officials and potentially change the way campaigns and elections are run, but it would not create a direct payment or eligibility change for the general public. The biggest practical effects would be indirect: potentially cleaner ethics rules, tighter campaign-finance limits, and more restrictions on political behavior by officeholders.
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- Anti-corruption advocates They argue federal officials should not be able to profit from office, trade on privileged information, or benefit from loopholes that erode public trust. Stronger ethics rules and financial restrictions are seen as a direct way to reduce conflicts of interest.
- Voting-rights and democracy reform groups They support measures against gerrymandering, voter suppression, and opaque political spending because those practices can distort representation and weaken accountability. They see the bill as a broad attempt to make elections more competitive and transparent.
- Taxpayers frustrated by shutdown politics Suspending congressional pay during shutdowns is viewed as a way to align lawmakers’ incentives with the public’s experience of government dysfunction. Supporters say it creates personal consequences for failing to keep the government open.
- Constitutional law scholars and institutional conservatives They may argue that parts of the bill would collide with constitutional protections or require amendments rather than ordinary legislation, especially on term limits, the pardon power, and Supreme Court rules. Their concern is that sweeping statutory changes could invite litigation and instability.
- Campaign finance and political speech advocates They may oppose efforts to overturn Citizens United or ban corporate PACs and dark money on the ground that such restrictions could limit political participation and protected speech. They often argue that disclosure and enforcement are better tools than broad prohibitions.
- Members of Congress and political insiders Some lawmakers may resist pay suspensions, trading bans, and term limits because these provisions directly constrain how they serve, earn income, and build careers. Critics may also argue that term limits can shift power toward unelected staff and lobbyists.
Key Implications
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““ban stock trading and prediction market participation””
This would bar covered federal officials from using personal trading activity or prediction markets while in office, reducing the chance that public decisions and private financial bets overlap.
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““suspend pay for Members of Congress during shutdowns””
Lawmakers would lose salary during a shutdown, creating a direct financial consequence for congressional inaction and tying their compensation to government funding outcomes.
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““establish term limits for Congress””
This would cap how long senators and representatives can serve, changing career incentives in Congress and potentially increasing turnover in both chambers.
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““overturn Citizens United””
This signals a major shift in campaign-finance law, with the goal of limiting the role of outside spending and corporate influence in federal elections.
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““ban dark money, corporate PACS, and partisan gerrymandering””
This would target undisclosed political spending, corporate-linked fundraising, and district maps drawn to advantage one party, all of which can shape who wins elections and how accountable elected officials are.
Latest Status
June 9, 2026
Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, House Administration, Ways and Means, and Rules, 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.
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Ask AI about this billData sourced from api.congress.gov.