No Profiting from Public Service Act
To amend chapter 131 of title 5 to restrict certain financial trade and ownership for certain Federal officials and their spouses and dependents, and for other purposes.
This bill, HB9560, aims to change certain financial rules for federal officials, their spouses, and dependents. Specifically, it seeks to limit the kinds of financial trades and ownership they can have. The goal is to ensure that these officials do not have conflicts of interest in their roles.
The bill would impact federal officials, their spouses, and dependents by placing restrictions on their financial activities. These restrictions are intended to maintain transparency and prevent potential conflicts of interest that could arise from their financial dealings.
HB9560 was introduced on June 30, 2026, and has been referred to multiple committees for further review and consideration. These committees include the Committee on Oversight and Government Reform, the Committee on House Administration, the Committee on the Judiciary, and the Committee on Ways and Means. Each committee will examine the provisions of the bill within their respective areas of expertise.