Halting Ownership and Non-Ethical Stock Transactions (HONEST) Act

This bill would stop the President, Vice President, and Members of Congress, along with their spouses and dependents, from owning, buying, or selling individual stocks, digital assets, and certain other investments while in office. They would be allowed to hold things like diversified investment funds and Treasury securities, and they would have to get rid of any prohibited investments they already own. The ban on buying prohibited investments would continue until 90 days after the official leaves office, and anyone who breaks the rules would face financial penalties. The bill also requires ethics offices to post related financial information online in a searchable format and adds penalties for Congress members, candidates, and congressional employees who fail to follow existing rules about disclosing their finances.

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