US HR665

H. Res. 665 establishes procedural rules for House consideration of H.R. 1908, the "End Congressional Stock Trading Act," waiving points of order and allowing one hour of debate controlled by the Financial Services Committee

Members of Congress, their spouses, and dependent children would be prohibited from owning or trading individual stocks, bonds, commodities, futures, hedge fund interests, derivatives, and other securities

Current members must divest prohibited assets within 180 days of enactment (2 years for hedge funds and private investment vehicles); new members face the same timeline from when they take office

Violations carry civil penalties of up to $100,000 per violation or 10% of the security's value (whichever is greater), enforceable by the Attorney General or Special Counsel, with penalties prohibited from being paid using office or campaign funds

Exceptions permit ownership of diversified mutual funds, U.S. Treasury securities, government retirement plans, qualified blind trusts, small business interests without conflicts, and Alaska Native Settlement shares