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New Stock Trading Rules for Congress Members and Their Families

This act introduces strict new rules for stock investments by U.S. Members of Congress, their spouses, and dependent children. It aims to increase transparency and prevent the use of privileged information for personal gain. Citizens can expect greater confidence that political decisions are not driven by private financial interests.
Key points
Members of Congress, their spouses, and dependent children will be prohibited from purchasing individual stocks of publicly traded companies.
Selling stocks will require public notification 7-14 days in advance.
Violations will result in financial penalties and forced sale of illegally acquired stocks, with fees not payable from public or campaign funds.
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Status: Placed on Calendar
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Additional Information
Print number: 119_HR_7008
Sponsor: Rep. Steil, Bryan [R-WI-1]
Process start date: 2026-01-12
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Stop Insider Trading Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7008.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2026-01-12.

What are the main provisions?

Key points include:

  • Members of Congress, their spouses, and dependent children will be prohibited from purchasing individual stocks of publicly traded companies.
  • Selling stocks will require public notification 7-14 days in advance.
  • Violations will result in financial penalties and forced sale of illegally acquired stocks, with fees not payable from public or campaign funds.
What is the specific legal status?

The current status is Placed on Calendar.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Steil, Bryan [R-WI-1].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 409.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-19.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law Economy