Rosen seeks ethics rules for federal private-company stakes

What the resolution calls for

Nevada U.S. Sen. Jacky Rosen introduced a resolution stating that federal officials and their immediate families should not profit from the government’s acquisition, sale or transfer of ownership stakes in private companies.

The proposal applies to the president, vice president, Cabinet secretaries and members of Congress. It calls for barring those officials and their immediate family members from receiving compensation or fees connected to such transactions. It also says they should not be sold or given a private-company stake that the federal government has acquired.

Rosen said taxpayer-funded investments should benefit the public rather than a small group of officials and their relatives. She accused President Donald Trump, members of his family and other senior administration officials of enriching themselves through government activity.

Federal transactions and Rosen’s ethics work

Rosen’s office said federal agencies have announced more than 35 transactions involving private-company equity since January 2025, representing more than billion in taxpayer funds. Her office also said some government-acquired stakes involved companies directly connected to the Trump family and other senior officials.

The resolution follows other measures Rosen has pursued involving government spending and federal benefits. She introduced legislation seeking to prevent Trump and Cabinet members from using federal money for advertisements promoting themselves.

Rosen also sponsored the bipartisan No CORRUPTION Act, which became law. That measure closed a loophole that had allowed former members of Congress convicted of felonies to continue receiving taxpayer-funded pensions. During the previous Congress, she supported the Government Spending Oversight Act, which focused on fraud, waste and abuse in federal spending.