Good Government Act of 2025

Senate Bill

S. 3201

119th Congress

Good Government Act of 2025

In Committee

Introduced:Nov 19, 2025

Primary Sponsor

Tim Sheehy

R - MT

Cosponsors

0

Quick Stats

Policy Area

Congress

Summary

The Good Government Act of 2025 prohibits Members of Congress and their spouses and dependent children from owning individual stocks or similar financial instruments during their term of service. Current members would have 120 days to divest holdings or place them in qualified blind trusts, while new members must comply within 120 days of taking office.

Latest Action

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

AI Summary

Plain-English explanation of this bill

The Good Government Act of 2025 prohibits Members of Congress and their spouses and dependent children from owning individual stocks or similar financial instruments during their term of service. Current members would have 120 days to divest holdings or place them in qualified blind trusts, while new members must comply within 120 days of taking office.

Last updated: 12/27/2025

Key Points

Main provisions of the bill

Bans Members of Congress and families from holding individual stocks during service
Requires divestiture or placement in qualified blind trusts
Provides 120-day compliance period with possible 180-day extension
Exempts diversified mutual funds, ETFs, Treasury securities, and retirement plans
Applies to securities, commodities, security futures, and synthetic derivatives

How This Impacts Americans

Potential effects on citizens and communities

Members of Congress would face new restrictions on personal investment decisions to prevent conflicts of interest. Congressional families would need to restructure portfolios to comply. The public would have greater assurance that legislators are not trading on nonpublic information or influenced by personal financial interests.

Policy Areas

Primary Policy Area

Congress

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3201, 119th Congress (2025). "Good Government Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/119-s-3201