Congressional stock-trading ban returns to 2027 agenda after Senate defeat - FINCHANNEL
More than 50 incoming House Democrats want a first-day rule that would bar lawmakers and spouses from owning or trading individual stocks.
- On Thursday, over 50 representatives-elect sent a letter to House Minority Leader Hakeem Jeffries, D-N.Y., and Democratic Whip Katherine Clark, D-Mass., urging adoption of a rule banning House members and their spouses from trading individual stocks.
- This push follows the Senate's September rejection of H.R. 7008, the Stop Insider Trading Act, which left lawmakers divided over whether to impose trading limits or mandate full ownership bans.
- Signed by 51 incoming House freshmen, the letter characterizes the ban as a vital first step to "clean up" Washington, describing it as a "down payment on much-needed reform."
- Incoming Democrats aim to implement this rule when the 120th Congress convenes on January 3, 2027, though applying restrictions to the Senate or White House would require additional legislation.
- Current laws, including the STOCK Act of 2012, have not eliminated conflict concerns; the Brennan Center for Justice reports nearly all members own shares in public companies.
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17 Articles
Incoming US House members call on Dem leaders to institute a stock trading ban • Maine Morning Star
WASHINGTON — Dozens of incoming U.S. House Democrats are urging party leaders to tackle a stock trading ban for lawmakers on the first day of the 120th Congress in January. Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking […]
Incoming US House members call on Democrat leaders to ban stock trading
Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats asking that the House adopt a rule barring House members and their spouses from owning and trading individual stocks.
Ohio Capital Journal
Incoming US House members call on Dem leaders to institute a stock trading ban
The U.S. Capitol on the evening of Sept. 30, 2025. (Photo by Ashley Murray/States Newsroom)WASHINGTON — Dozens of incoming U.S. House Democrats are urging party leaders to tackle a stock trading ban for lawmakers on the first day of the 120th Congress in January. Just over 50 representatives-elect sent a letter Thursday to House Minority Leader Hakeem Jeffries, D-N.Y., Democratic Whip Katherine Clark, D-Mass., and other top House Democrats askin…
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