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Search Results: keywords:"spouses and dependent children"

  • H.R. 396, known as the "TRUST in Congress Act," aims to ensure transparency and trust in U.S. Congress by requiring Members of Congress, along with their spouses and dependent children, to place certain investments into blind trusts. This would prevent them from having any...

    Simple Explanation

    H.R. 396 is a rule that says members of Congress, with their spouses and kids, must put some of their money into a special type of account called a "blind trust" so that they can't control it while they're working in Congress. This is to make sure they make decisions that are good for everyone, not just for themselves.

  • H.R. 1908, also known as the "End Congressional Stock Trading Act," aims to stop Members of Congress, along with their spouses and dependent children, from owning or trading stocks, bonds, commodities, and other complex investment vehicles. The bill requires current members and their...

    Simple Explanation

    The End Congressional Stock Trading Act is like a new rule saying people in Congress and their families can't buy or sell certain kinds of money stuff, like stocks, to make sure they don’t make unfair decisions just to get rich. If they already have this money stuff, they need to sell it within a certain time, and if they break the rule, they might have to pay a big fine.