1. United States
2. Texas
3. Letter

The Bipartisan Restoring Faith in Government Act aims to prohibit members of Congress, their spouses, and dependents from owning or trading certain financial instruments like stocks, bonds, commodities, and derivatives. This restriction, with limited exceptions for diversified funds and government securities, seeks to prevent conflicts of interest and restore public trust. By divesting from individual investments, legislators can focus solely on serving the people's interests rather than personal gain. The requirement to place assets in a qualified blind trust further ensures impartiality. Enforced by potential civil penalties, this legislation prioritizes ethical governance and accountability to constituents over private profits. Such reform is a crucial step towards a more transparent and equitable democracy.