Contact Congress about S. 3649: Restore Trust in Congress Act

Members of Congress and their close family could not own or trade most individual stocks. They would have to sell banned investments by set deadlines or face fines and give up profits.

Modern Action explains legislation in plain English, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.

Restore Trust in Congress Act is a Senate bill in committee. The latest recorded action: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Latest action on S. 3649: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Who this affects: This bill mainly affects Members of Congress and their immediate families. It would change what they can own, buy, sell, and keep in trusts. It would also affect congressional ethics offices, which would have to review sales, grant some exemptions or extensions, and publish penalty information.

Why this matters: This bill matters because lawmakers can work on laws that affect companies and markets while they or their families own investments. The bill tries to reduce that conflict by blocking most direct stock ownership and trading. It may also change how Members and their families save, plan for retirement, and handle inherited or trust assets. The bill does not say whether it would improve public trust, affect who runs for Congress, or change market behavior.

Key provisions in S. 3649

• Members of Congress and close family could not own or trade most individual stocks. The ban also covers commodities, futures, and similar products that copy or depend on those investments.
• Covered people could still hold broad investment funds. The fund must be publicly traded, widely held, and not focused on one industry or one foreign country other than the United States. They could also hold U.S. Treasury bonds and state or local bonds.
• People already covered when the law starts would have 180 days to sell banned investments. People who become covered later would have 90 days.
• A covered person who gets a banned investment without buying it would have 90 days to sell it. This includes getting it through marriage, inheritance, or divorce.
• The bill uses an existing tax process called a certificate of divestiture. Ethics offices would issue the certificate after the person proves they sold the investment or got an approved extension.

How Modern Action helps you take action on S. 3649

You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.

Questions people ask about S. 3649

What is S. 3649?

Members of Congress and their close family could not own or trade most individual stocks. They would have to sell banned investments by set deadlines or face fines and give up profits.

How do I support or oppose S. 3649?

Choose support, oppose, or ask for changes on Modern Action. The action flow drafts the message for you and keeps the wording tied to this bill.

Who should I contact about S. 3649?

Modern Action uses your location to route the action to the congressional offices relevant to the bill and your representation.

Can Modern Action explain S. 3649 before I act?

Yes. Modern Action gives you a plain-English summary, current status, and action context before you send anything.