House panel will take up GOP bill to curb members' stock trading [View all]
Source: Roll Call
Posted January 12, 2026 at 12:45pm
After months of pressure from rank-and-file members, a House panel will consider a new Republican-led bill this week that aims to prohibit members of Congress from trading stocks. The bill, unveiled Monday by House Administration Chair Bryan Steil, R-Wis., would ban members of Congress, their spouses and dependent children from buying new stocks. But it would allow them to keep the ones they already own, and they could still buy and sell diversified investment funds.
If members wanted to sell their individual stocks, they would be required to publicly give notice at least seven days and no more than 14 days before doing so. The House Administration Committee will mark up the bill on Wednesday, alongside another measure that would withhold pay from members of Congress during a government shutdown.
The stock bill has the blessing of Republican leadership and is co-sponsored by GOP members of the House Administration panel, in addition to Reps. Anna Paulina Luna, R-Fla., Chip Roy, R-Texas, Mike Lawler, R-N.Y., and Michael Cloud, R-Texas. Majority Leader Steve Scalise, R-La., said in a statement he “would like to move this bill for a full House vote soon after it gets out of committee.”
Banning members of Congress from trading stocks has become a thorny issue over the past several months, with more than 25 bills introduced in the 119th Congress related to the issue.
Read more: https://rollcall.com/2026/01/12/house-administration-stock-trading-markup/
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