Curbing Officials' Income and Nondisclosure (COIN) Act

# COIN Act Summary The Curbing Officials' Income and Nondisclosure (COIN) Act would require federal officials to disclose their financial holdings and income sources more transparently. The bill aims to prevent conflicts of interest by mandating that senators, representatives, executive branch officials, and federal judges publicly report details about their investments, business interests, and other financial arrangements. This increased transparency is intended to help the public identify potential conflicts between officials' personal finances and their policy decisions. The bill primarily affects members of Congress, executive branch appointees, and federal judges—essentially high-level government officials who make decisions affecting the economy and regulations.

Key provisions likely include expanded financial disclosure requirements and potentially restrictions on certain types of investments or income sources that might create conflicts of interest. Currently, the bill is in committee, meaning it has been introduced but has not yet advanced to a full floor vote in the Senate. The bill has not passed into law.