Bill to limit stock trading in US Congress blocked in Senate
The measure fell 53-47 after Democrats said it was too weak and objected to a photo ID requirement added to the package.
- On Wednesday, September 30, 2026, the U.S. Senate failed to advance the House-passed Stop Insider Trading Act in a 53–47 procedural vote, falling seven votes short of the 60 required to proceed.
- Senate Democrats blocked the measure after Republicans attached a voter ID requirement from the SAVE America Act, which Democrats labeled a "poison pill" designed to derail the stock trading restrictions.
- Critics, including Senate Minority Leader Chuck Schumer, denounced the bill as "toothless," arguing it failed to cover executive branch officials and allowed lawmakers to retain existing stock holdings.
- With senators departing for recess until after the November 3, 2026 midterm elections, the failed vote effectively ends the bill's prospects for becoming law in the 119th Congress.
- Despite polling showing 86% of Americans favor banning congressional stock trading, both parties used the vote for midterm messaging, leaving the issue unresolved as campaigns intensify nationwide.
159 Articles
159 Articles
NEWS HEADLINES: Senate Vote Stalls Congressional Stock Trading Restrictions
Photo: FOTOGRIN / Shutterstock When Congress tries to police its own stock trading, the fight is never just about trades; it is about whether lawmakers are willing to separate public power from private portfolios — and whether they will let election-law battles derail even modest ethics reforms. The Short Version The House-passed Stop Insider Trading Act would bar members of Congress, spouses, and dependent children from buying new individual st…
Every Senate Democrat Votes Down Stock Trading Ban For Congress
Every Democrat in the Senate voted Wednesday to block legislation that would restrict congressional stock purchases and require photo ID to vote in federal elections, arguing the trading restrictions were inadequate and objecting to the voter ID provision. The Stop Insider Trading Act, sponsored by Rep. Bryan Steil (R-WI) and led in the Senate by Sen. Pete Ricketts (R-NE), fell short in the chamber on a 53-47 procedural vote, just seven votes sh…
US Senate Dems block bill curbing congressional stock trading, calling it too weak • Oklahoma Voice
WASHINGTON — U.S. Senate Republicans did not gain any support Wednesday from Democrats as they attempted to advance a bill that mashed together two hot-button midterm issues: requiring voter ID in federal elections and limiting stock trading for members of Congress. The Republican-led bill, titled the Stop Insider Trading Act, failed 53-47 when lawmakers stayed solidly […]
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