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Analyze S2852 - Restoring Trust in Public Servants Act | DoTheySupportIt

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Analyze S2852 - Restoring Trust in Public Servants Act

S2852

Restoring Trust in Public Servants Act

This bill proposes to prohibit federal officials, including members of Congress, executive branch employees, and judicial officers, along with certain family members, from owning or trading specific financial assets. Among these "covered investments," the bill explicitly includes "digital assets," defined as any digital representation of value recorded on a cryptographically secured distributed ledger or similar technology. Officials would be required to divest prohibited holdings within 90 days, with penalties for non-compliance and provisions for tax treatment of divestitures.

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