To amend section 552 of title 5, United States Code (popularly referred to as the Freedom of Information Act), to provide that the exemptions to that section shall not apply to matters relating to certain transactions executed by an instrumentality of the Federal Government operating in a commercial manner.

Restoring Essential Safeguards for a Transparent, Open, and Reliable Executive under FOIA Act - Amends the Freedom of Information Act to deny an exemption from disclosure requirements to any instrumentality of the federal government engaging in any transaction: (1) that results in the United States owning, subscribing to, or otherwise having any interest in the stock or equity of any company,...