A resolution expressing the sense of the Senate regarding equity stakes held by the Federal Government in private companies.

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Introduced

In Committee

Passed One Chamber

Passed Both Chambers

Signed into Law

Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S5265)

Senate would say officials shouldn't profit from government investments in private companies

A Senate resolution would state that top government officials and their families should not profit from or buy shares in private companies where the government has invested. This resolution expresses the Senate's opinion but would not create new laws or actual prohibitions. It responds to concerns about billions in taxpayer funds used for such investments.

What Would Change

Today, there are no specific laws from this bill that stop federal officials and their families from profiting from or buying government ownership stakes in private companies. If this resolution passes, it would express the Senate's opinion that such actions should be prohibited, but it would not create new, legally binding rules or change existing laws.

Key Provisions

The Senate would state its opinion that the President, Vice President, Cabinet members, Members of Congress, and certain officials, along with their close family members, should be blocked from making money from government investments in private companies.
The Senate would state its opinion that these same individuals should be blocked from buying or receiving any company shares that the government sells or transfers, or from receiving payments related to such sales.

View on Congress.gov

SRES 929 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10

A resolution expressing the sense of the Senate regarding equity stakes held by the Federal Government in private companies.

What Would Change

Key Provisions

Lobbying Activity