STOCK Act 2.0

The STOCK Act 2.0 requires government officials including Members of Congress, the President, Vice President, Supreme Court Justices, Federal Reserve officials, and their spouses and dependent children to divest from certain financial interests that could create conflicts of interest. It prohibits these "covered individuals" from holding or trading in stocks, commodities, and cryptocurrencies while in office, requiring them to sell such holdings within 120 days of taking office. The bill also expands reporting requirements for government payments and mandates electronic filing of financial disclosure forms with public online access featuring search, sort, and download capabilities. This update strengthens transparency requirements for government officials' financial interests compared to the original STOCK Act.