3.0.0 389 2025-02-04T16:54:13Z 2025-02-04T16:54:13Z House H HR 2023-01-17 118 <pre>[Congressional Record Volume 169, Number 12 (Tuesday, January 17, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. SCHWEIKERT:H.R. 389.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18 of the U.S. Constitution:The Congress shall have the Power to make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H244]</pre> hswm00 Ways and Means Committee House Standing Referred To 2023-01-17T19:01:05Z hsha00 Committee on House Administration House Standing Referred To 2023-01-17T19:01:00Z hsju00 Judiciary Committee House Standing Referred To 2023-01-17T19:00:50Z hsgo00 Oversight and Government Reform Committee House Standing Referred To 2023-01-17T19:00:45Z 2023-01-17 Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2023-01-17 Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsha00 Committee on House Administration 2023-01-17 Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2023-01-17 Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsgo00 Oversight and Government Reform Committee 2023-01-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-01-17 Introduced in House IntroReferral 1000 9 Library of Congress S001183 Rep. Schweikert, David [R-AZ-1] David Schweikert R AZ 1 N Government Operations and Politics Advanced technology and technological innovations 2023-06-30T15:15:19Z Civil actions and liability 2023-06-30T15:15:19Z Commodities markets 2023-06-30T15:15:19Z Computers and information technology 2023-06-30T15:15:18Z Congressional officers and employees 2023-06-30T15:15:18Z Congressional oversight 2023-06-30T15:15:18Z Currency 2023-06-30T15:15:19Z Digital media 2023-06-30T15:15:18Z Family relationships 2023-06-30T15:15:18Z Federal officials 2023-06-30T15:15:18Z Financial services and investments 2023-06-30T15:15:18Z Government employee pay, benefits, personnel management 2023-06-30T15:15:18Z Government ethics and transparency, public corruption 2023-06-30T15:15:18Z Government information and archives 2023-06-30T15:15:18Z Members of Congress 2023-06-30T15:15:18Z Postal service 2023-06-30T15:15:18Z Presidents and presidential powers, Vice Presidents 2023-06-30T15:15:18Z Securities 2023-06-30T15:15:18Z Government Operations and Politics 2023-01-31T16:30:21Z

00 2023-01-17 Introduced in House 2023-05-25T18:33:15Z <p><b>Preventing Opportunistic Returns on Trades and Futures by Officials, Leadership, and Individuals in Office Act or the PORTFOLIO Act</b></p> <p>This bill generally prohibits federal employees and officials from owning or trading in synthetic assets (i.e., tokenized derivatives). It also establishes financial disclosure requirements with respect to cryptocurrency.</p> <p>Specifically, the bill prohibits federal employees, Members of Congress, the President, and Vice President from owning or trading investments in a security, a commodity, a future, cryptocurrency, or any comparable economic interest acquired through synthetic means, such as through a derivative. Such investments must be divested through gift or donation, cashing out, or a qualified blind trust. The appropriate ethics office may grant temporary exemptions in certain situations, such as for preexisting complex financial arrangements from which investments cannot be withdrawn, and may assess fees for violations. The Department of Justice may also bring civil actions for violations. </p> <p>The bill also (1) incorporates cryptocurrency and other digital assets into current financial disclosure requirements; (2) modifies the categories and timelines for financial disclosures; and (3) requires agencies, ethics offices, and the Department of Justice to regularly report on violations of this bill and other related requirements.</p>

Display Title 45 2024-07-24T15:23:04Z Short Title(s) as Introduced 101 2024-05-24T13:41:21Z Introduced in House IH Short Title(s) as Introduced 101 2024-05-24T13:41:21Z Introduced in House IH Official Title as Introduced 6 2024-03-18T20:12:34Z Introduced in House IH Introduced in House 2023-01-17T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr389ih/xml/BILLS-118hr389ih.xml 2023-01-17 Referred to the Committee on Oversight and Accountability, and in addition to the Committees on the Judiciary, House Administration, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.