A bill to require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes.

Jon Husted

Republican · OH · Senator

Source: Congress.gov · FEC

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

2026-06-16

Source: Congress.gov

The federal government would be required to sell off any ownership stakes it holds in private companies and use the money from those sales to reduce the national debt. This would affect various federal agencies that currently own shares in businesses, potentially changing how the government manages its investments in the private sector. The bill aims to convert government equity holdings into cash to help pay down federal borrowing.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4798 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4798 To require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES June 16, 2026 Mr. Husted introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs _______________________________________________________________________ A BILL To require that Federal Government equity stakes in private companies be liquidated to pay down the debt, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Investing in National Values, Economy, Strategy, and Tomorrow Act'' or the ``INVEST Act''. SEC. 2. LIQUIDATION REQUIREMENT. (a) Identification.--Each Federal agency shall identify each covered equity investment described in subsection (b) held by the Federal agency in any privately owned, for-profit company. (b) Covered Equity Investment Described.--A covered equity investment described in this subsection includes the following: (1) Shares of common or preferred stock. (2) Economic, partnership, or membership interests. (3) Warrants, options, or other rights to acquire any such interest, whether or not currently exercisable. (4) Any ``golden share'' special class of stock, or other instrument that confers board seats, veto rights, or other enhanced governance rights. (5) Any contractual right to require an initial public offering, spin-off, or similar transaction for the purpose of acquiring an ownership interest. (c) Liquidation Required.-- (1) In general.--Not later than 8 years after the date of enactment of this Act, each Federal agency shall liquidate the covered equity investments identified by the Federal agency under subsection (a). (2) Covered equity investments later acquired.--With respect to a covered equity investment acquired after the date of enactment of this Act, a Federal agency shall liquidate the covered equity investment not later than 8 years after the date of acquisition of the covered equity investment. (d) Use of Funds.--The head of each Federal agency liquidating a covered equity investment pursuant to subsection (c) shall transmit all amounts from such liquidation to the Treasury, to be used to pay down the national debt. <all>

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