U.S. Representative Derek Tran (CA-45) joined Representatives Haley Stevens (MI-11), Eric Sorensen (IL-17), and Andrea Salinas (OR-06) to introduce sweeping legislation on March 6, 2026, to crack down on corruption and restore public trust in government. The No Getting Rich in Congress Act establishes strong, enforceable standards to prevent public officials from profiting from conflicts of interest and implements stringent transparency measures to prevent officials and their spouses from influencing government decisions for personal gain.<\/p>\n
Read the full bill text\u00a0HERE<\/a>.\u00a0<\/p>\n \u201cWhen I\u2019m home in Orange County, I constantly hear from constituents who have lost faith in our government because they\u2019ve watched scandal after scandal plague corrupt politicians. They want to see elected officials working for the people, not for rich donors or foreign governments. Congress can\u2019t wait another day to earn back the public\u2019s trust,\u201d\u00a0said Representative Tran.\u00a0\u201cThe No Getting Rich in Congress Act has been shaped by months of work to close every loophole, eliminate every exemption, and find every measure of accountability to put Congress back to work for the people, not their own profits. I\u2019m proud to introduce this legislation with Representative Stevens to not only ban Congressional stock trading, but rein in every practice that puts moneyed interests ahead of our communities. We\u2019re scrapping politics as usual and putting people first.\u201d<\/p>\n \u201cThe American people deserve leaders who are working for them, not for their stock portfolios, not for corporate board seats, and not for foreign adversaries,\u201d\u00a0said Representative Stevens.\u00a0\u201cMichiganders want results from their government, not self-dealing. The No Getting Rich in Congress Act draws a clear line: public servants must put their communities first, not profit.\u201d<\/p>\n \u201cMembers of Congress should not be able to use our positions for personal and financial gain. I am cosponsoring the No Getting Rich in Congress Act because it makes long-overdue reforms to increase transparency, strengthen ethics rules, and earn back the American people\u2019s trust. I\u2019m urging every one of my colleagues to join us\u2014because the people we represent deserve to know that we are working for them,\u201d said Representative Sorensen.<\/p>\n \u201cMembers of Congress, federal officials, and their family members should never be allowed to profit from privileged information. That is why I support this legislative package to create additional guardrails to ban trading by public officials and their families, to regulate any insider influence, and broaden ethics rules so that the people in power are motivated by serving the American people, not personal profit,\u201d\u00a0said Representative Salinas.<\/p>\n The No Getting Rich in Congress Act would reform ethics guidelines for public officials across the legislative and executive branches to:<\/p>\n Ban trading by public officials and their families and impose strict reporting and enforcement mechanisms, like penalties for violations; The legislation is also cosponsored by Rep. Marcy Kaptur (D-OH).<\/p>\n Serving his first term in elected office, Representative Tran is committed to people-first policies that prioritize transparency and accountability for elected officials. Tran signed onto a letter raising\u00a0ethics-related concerns<\/a>\u00a0regardingtroubling exemptions for the President and Vice President from digital asset regulations, as well as demanding answers from the Trump Administration on how trade policy decisions benefit individuals close to the President. Representative Tran has cosponsored several pieces of legislation to improve oversight for the federal government and its partners, including:<\/p>\n ###<\/p>\n Congressman Derek Tran represents California\u2019s 45th Congressional District. Serving his first term in Congress, Congressman Tran is a member of the House Armed Services Committee and House Small Business Committee, where he is Ranking Member of the Oversight, Investigations, and Regulations Subcommittee. Congressman Tran is the son of Vietnamese refugees, a Veteran, and fought for consumers as an attorney before entering Congress.<\/p>\n Like this:<\/p>\n Like Loading…<\/p>\n
\nProhibit lobbying by former public officials on behalf of foreign adversaries, including China;
\nClose loopholes and regulate shadow lobbying by requiring spouses of Members of Congress and senior Administration officials to register and report any effort to influence government decisions, ensuring spouses cannot use public office for personal financial gain;
\nRestrict corporate board service for Members and their spouses and enact reporting and conduct requirements for any pre-existing board service; and
\nExtend existing ethics rules to spouses and dependents, preventing backdoor deals and conflicts of interest.<\/p>\n