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TRUST in Congress Act

2/8/2022, 11:16 PM

Congressional Summary of HR 7200

Transparent Representation Upholding Service and Trust in Congress Act or the TRUST in Congress Act

This bill requires a Member of Congress, as well as any spouse or dependent child, to place specified investments into a qualified blind trust (i.e., an arrangement in which certain financial holdings are placed in someone else's control to avoid a possible conflict of interest) until 180 days after the end of their tenure as a Member of Congress.

Current Status of Bill HR 7200

Bill HR 7200 is currently in the status of Bill Introduced since June 15, 2020. Bill HR 7200 was introduced during Congress 116 and was introduced to the House on June 15, 2020.  Bill HR 7200's most recent activity was Referred to the House Committee on House Administration. as of June 15, 2020

Bipartisan Support of Bill HR 7200

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
4
Republican Cosponsors
4
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7200

Primary Policy Focus

Congress

Potential Impact Areas

- Commodities markets
- Family relationships
- Financial services and investments
- Government ethics and transparency, public corruption
- Government information and archives
- Members of Congress
- Securities

Alternate Title(s) of Bill HR 7200

TRUST in Congress Act
To require Members of Congress and their spouses and dependent children to place certain assets into blind trusts, and for other purposes.
TRUST in Congress Act
Transparent Representation Upholding Service and Trust in Congress Act

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