Stop Insider Trading Act
Official title: To amend chapter 131 of title 5 to require certain restrictions on stocks for Members of Congress and their spouses and dependents, and for other purposes.
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| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Sep 30, 2026 | Senate · vote #253 | On Cloture on the Motion to Proceed H.R. 7008 | Rejected | 53–47 | See who voted → |
| Jul 22, 2026 | House · vote #280 | On Passage | Passed | 232–198 | See who voted → |
| Jul 22, 2026 | House · vote #279 | On Motion to Recommit | Failed | 211–218 | See who voted → |
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| HAMDT 267 | – | Agreed to |
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Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 253.
Stop Insider Trading Act
This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks.
Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn.
Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust.
Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances.
Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.
- Engrossed in House Formatted Text PDF Formatted XML
- Introduced in House Formatted Text PDF Formatted XML
- Placed on Calendar Senate Formatted Text PDF Formatted XML
- Reported in House Formatted Text PDF Formatted XML
- PUBLIC CITIZEN
- PROJECT ON GOVERNMENT OVERSIGHT
- BRENNAN CENTER FOR JUSTICE AT NYU SCHOOL OF LAW
- HUMAN RIGHTS CAMPAIGN
- COMMON CAUSE
- P STREET PROJECT, INC.
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Justice, Dept of (DOJ)
- Office of Management & Budget (OMB)
- White House Office
- Election Assistance Commission (EAC)
- Federal Communications Commission (FCC)
- Veterans Affairs, Dept of (VA)
Cite this page
U.S. Congress. (2026). H.R. 7008: Stop Insider Trading Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-7008/
"H.R. 7008: Stop Insider Trading Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-7008/.
H.R. 7008, 119th Cong. (2026), https://openamerica.io/bill/119-HR-7008/.
[H.R. 7008: Stop Insider Trading Act](https://openamerica.io/bill/119-HR-7008/)