US SB2852

Prohibits covered federal officials (Members of Congress, President, Vice President, political appointees, judicial officers, and certain congressional staff) and family members of Members of Congress from owning or trading individual stocks, commodities, digital assets, and security futures, with a 90-day divestiture period for existing holdings

Exempts diversified mutual funds, exchange-traded funds, U.S. Treasury securities, and government employee retirement plans from the investment ban

Imposes monthly salary-equivalent penalties on Members of Congress, the President, Vice President, Senate-confirmed appointees, and judicial officers who violate the investment restrictions, with public disclosure of violators' names on ethics office websites

Bans all outside earned income for Members of Congress (current 15% cap remains only for congressional staff) and prohibits Members and staff from serving on corporate boards, though nonprofit board service without compensation remains permitted

Establishes a lifetime ban on lobbying Congress and the executive branch for former Members of Congress, including permanent prohibition on representing foreign entities, effective January 4, 2027 or the end of the 119th Congress