Restricts stock trading by members of Congress and requires photo ID to vote

§1What it does

Why this matters: A plain-English description of the bill as it was voted on, written by us from the official summary and text.

✎ Drafted by AI from the public sources cited. Each sentence links to its source.

This bill would bar members of Congress, their spouses and their dependent children from buying stocks and similar investments in publicly traded companies, with exceptions such as widely held investment funds and certain trusts they do not control.^2,3,4 Before selling such investments, they would have to post a public notice 7 to 14 days ahead, and a violation would bring a fee of the greater of $2,000 or 10% of the trade's value, plus any profit, and a forced sale of an improperly bought investment.^2,3,4 The version the House passed, which replaced the committee text, also included a separate requirement that voters show photo identification to vote in federal elections, with alternatives for mail voters and some exceptions.^3,4 In the Senate, a vote to take up the bill, which needed 60 votes, failed 53 to 47.³

§2Status

§3How Congress voted

Why this matters: The official count.