No Corruption in Government Act

2/11/2025, 4:59 PM

Summary of Bill HR 358

Bill 119 HR 358 aims to address several key issues related to ethics and accountability within the US Congress. The bill proposes to amend title 5 of the United States Code to prohibit insider trading by Members of Congress and their spouses. This means that lawmakers and their spouses would be prohibited from using non-public information to make financial decisions that could benefit them personally.

Additionally, the bill seeks to amend title 18 of the United States Code to extend the length of the post-employment ban on lobbying by Members of Congress. This would prevent former lawmakers from immediately transitioning into lobbying positions after leaving office, reducing the potential for conflicts of interest and undue influence.

Another significant provision of the bill is the repeal of the automatic adjustment in the pay of Members of Congress. Currently, lawmakers receive automatic pay raises unless they vote to block them. This bill would eliminate this automatic increase, requiring Congress to actively vote on any pay raises. Overall, Bill 119 HR 358 aims to increase transparency, accountability, and ethical standards within the US Congress by addressing issues such as insider trading, lobbying restrictions, and congressional pay adjustments. By implementing these changes, the bill seeks to promote public trust in the legislative branch and ensure that lawmakers are held to high ethical standards.

Current Status of Bill HR 358

Bill HR 358 is currently in the status of Bill Introduced since January 13, 2025. Bill HR 358 was introduced during Congress 119 and was introduced to the House on January 13, 2025.  Bill HR 358's most recent activity was Referred to the Committee on House Administration, and in addition to the Committees on Ways and Means, the Judiciary, and Oversight and Government Reform, 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. as of January 13, 2025

Bipartisan Support of Bill HR 358

Total Number of Sponsors
6
Democrat Sponsors
0
Republican Sponsors
6
Unaffiliated Sponsors
0
Total Number of Cosponsors
3
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 358

Primary Policy Focus


Alternate Title(s) of Bill HR 358

To amend title 5, United States Code, to prohibit insider trading by Members of Congress and their spouses, to amend title 18, United States Code, to extend the length of the post-employment ban on lobbying by Members of Congress, to repeal the automatic adjustment in the pay of Members of Congress, and for other purposes.To amend title 5, United States Code, to prohibit insider trading by Members of Congress and their spouses, to amend title 18, United States Code, to extend the length of the post-employment ban on lobbying by Members of Congress, to repeal the automatic adjustment in the pay of Members of Congress, and for other purposes.
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