Legislation that would subject the nine Supreme Court justices as well as some 2,500 federal appellate, district court, bankruptcy and magistrate judges, to tougher disclosure requirements for their financial holdings and stock trades passed the House of Representatives on Wednesday in a rare show of bipartisanship.
The Courthouse Ethics and Transparency Act now goes to President Joe Biden to sign into law.
The bill calls for making federal judges follow similar disclosure requirements as lawmakers by establishing a 45-day window for judges to report stock trades of more than $1,000.
Under it, the Administrative Office of the U.S. Courts must also create a searchable and publicly accessible online database of judicial financial disclosure forms posted within 90 days of being filed. It calls for the database to be online within 180 days of enactment, though the judiciary can obtain extensions.
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