Good Government Act of 2025

The Good Government Act of 2025 requires Members of Congress, their spouses, and dependent children to divest or place in qualified blind trusts any "covered financial instruments" they own during their term in office. Covered financial instruments include investments in securities, commodities, and similar instruments through derivatives, but exclude diversified mutual funds, ETFs, Treasury securities, and government retirement plans. Current Members must comply within 120 days of enactment (with possible 45-day extensions up to 180 days total), while new Members must comply within 120 days of taking office. The bill establishes annual reporting requirements, civil penalties equal to monthly pay for non-compliance, and mandates a GAO audit after two years to assess compliance with these provisions.