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The Public Service Accountability Act

In committee: it can still change before the session ends.

US HR 9429 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsors
2
Latest action
Jun 24, 2026

What it does

The Public Service Accountability Act would prohibit Members of Congress, their spouses and dependents, and other covered federal officials from owning or trading stocks, commodities, futures, and similar investments, with limited exceptions for diversified funds, government bonds, and certain personal assets. Covered individuals would be required to divest existing prohibited investments within 90 to 180 days of becoming subject to the rule, depending on timing, and could face fines equal to 10% of the investment’s value plus disgorgement of profits for violations. The bill applies to a broad range of federal officials, including the President, Vice President, judicial employees, and…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jun 24, 2026

  2. Committee (Current step)

    In committee · Jun 24, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

The Public Service Accountability Act | 52