S. 2852, the Restoring Trust in Public Servants Act, establishes broad financial restrictions on federal officials and Members of Congress to prevent conflicts of interest. The bill prohibits federal officials and their families from owning stocks, commodities, digital assets, and similar investments, requiring them to divest within 90 days of the rule taking effect, with violations subject to monthly penalties equal to their salary and public disclosure. Members of Congress are also banned from earning outside income with limited exceptions for medical practice and teaching. The legislation creates lifetime post-employment restrictions for former Members of Congress, including a permanent ban on lobbying Congress or the executive branch and prohibition on work for foreign governments or entities, with criminal penalties for violations. These post-employment restrictions take effect for individuals leaving office after January 4, 2027.
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