119th Congress · introduced in the Senate · Apr 28, 2025
Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act
Official title from Congress.gov
Latest action (Dec 10, 2025): Placed on Senate Legislative Calendar under General Orders. Calendar No. 294.
View on Congress.govPolicy area: Congress
Congressional Research Service summary, version: Reported to Senate (Dec 10, 2025)
Halting 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.
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.
Show the full summary (1 more paragraphs)Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 294.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with an amendment in the nature of a substitute. Without written report.
Committee on Homeland Security and Governmental Affairs. Reported by Senator Paul with an amendment in the nature of a substitute. Without written report.
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in Senate
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LD-2 reports whose issue descriptions explicitly cite this bill (bill type and number validated against Congress.gov records). A citation does not establish the client's position or any contact with a member.
Loading lobbying reportsCoverage: reports for 2025 onward, posted Jan 1, 2025 through Oct 23, 2026.
4 citations.
CAMPAIGN LEGAL CENTER, INC. · lobbying firm or registrant: CAMPAIGN LEGAL CENTER, INC.
2026 Q1 report (Jan 1, 2026 – Mar 31, 2026) · posted Apr 17, 2026 · issue area: Government Issues
$30,000
Spent on own lobbying
…91 - DISCLOSE Act - Provides for additional disclosure requirements for corporations, labor organizations, super PACs, and other entities spending in elections S.1498 - Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act - Prohibits transactions involving certain financial instruments by Members of Congress, th…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
CAMPAIGN LEGAL CENTER, INC. · lobbying firm or registrant: CAMPAIGN LEGAL CENTER, INC.
2025 Q4 report (Oct 1, 2025 – Dec 31, 2025) · posted Jan 20, 2026 · issue area: Government Issues
$10,000
Spent on own lobbying
…speech or participation S. 1491 - SGE Ethics Enforcement & Reform Act - Modifies the definition of special Government employee to prevent conflicts of interest S.1498 - Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act - Prohibits transactions involving certain financial instruments by Members of Congress, th…
Congress inferred from the report year; bill number and the title cited with it match Congress.gov records, and the bill predates the report. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
P STREET PROJECT, INC. · lobbying firm or registrant: P STREET PROJECT, INC.
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Government Issues
$20,000
Spent on own lobbying
Lobbied in support of prohibitions on congressional stock trading in the Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act (S.1498). Lobbied on behalf of the Restore Trust In Congress Act (HR 5106) and the Bipartisan Restoring Faith in Government Act (HR 253). Lobbied in support of the dis…
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing
TRANSPARENCY INTERNATIONAL U.S. (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVT) · lobbying firm or registrant: TRANSPARENCY INTERNATIONAL U.S. (A PROJECT OF THE FUND FOR CONSTITUTIONAL GOVT)
2025 Q3 report (Jul 1, 2025 – Sep 30, 2025) · posted Oct 20, 2025 · issue area: Banking
$30,000
Spent on own lobbying
…or S.2400, Art Market Integrity Act; Urging the inclusion of AML safeguards to S.___, the Responsible Financial Innovation Act; Support for HONEST Act, Amdt to S. 1498; Support for H.R.5106, Restore Trust in Congress Act; Support for H.R.253, Bipartisan Restoring Faith in Government Act.
Congress inferred from the report year; bill number matches Congress.gov records and the bill predates the report; no title was cited with it. The amount is lobbying spending for every issue on this report, not this bill alone, and none of it is paid to any member of Congress. View filing