Jen Psaki
The No Cashing In Act is a bipartisan bill that would require former members of Congress to file financial disclosures.
In their words
"the No Cashing In Act, which is, of course, a bipartisan bill that would require former members of Congress to file financial disclosures."
TrueOn her July 5, 2026 broadcast, Jen Psaki described "the No Cashing In Act, which is, of course, a bipartisan bill that would require former members of Congress to file financial disclosures." Both parts of that description hold up. The bill was introduced on June 30, 2026 by Congressman Chris Pappas, a New Hampshire Democrat, and Congressman Zach Nunn, an Iowa Republican, which makes it bipartisan in the plainest sense [1][2]. And the bill's text does what she said: it requires anyone who has served in Congress to keep filing annual financial disclosures for ten years after leaving office, or for as long as they collect a congressional pension, whichever is longer [3]. The bill also does something Psaki did not mention: it would cut a former member's pension by the amount they earn lobbying for sizable lobbying operations [1][3]. Leaving that second provision out of a one-line description does not make what she said wrong; the provision she described is in the bill as written. Verdict: TRUE.