CITE Act of 2026 Candidate Investment Transparency and Ethics...
To require candidates for Federal office to divest publicly traded securities or place such securities in a qualified blind trust upon filing for office, and for other purposes.
The CITE Act of 2026 aims to ensure transparency and reduce potential conflicts of interest in federal elections by requiring candidates to divest from publicly traded securities or place them in a blind trust when they file for office. This bill seeks to prevent candidates from benefiting financially from their campaign activities or from legislation that might affect their investments.
This legislation would affect all candidates for federal office, including those running for the House of Representatives, the Senate, and the presidency. By divesting or placing their investments in a blind trust, candidates would be more accountable to the public and reduce the risk of unethical financial gain.
HB9989 was introduced on July 30, 2026, and has been referred to the Committee on Oversight and Government Reform and the Committee on House Administration for further review. As of now, the bill is in its initial stages of consideration and has yet to advance through the legislative process.
