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US House Passes Steil’s Congressional Stock Trading Ban

The measure would ban some congressional stock trades and impose new federal voter ID and absentee ballot rules, drawing Democratic criticism.

  • On Wednesday, the House passed a GOP-led bill in a 232-198 vote restricting congressional stock trading while imposing new voter identification requirements for federal elections.
  • Republicans attached voter ID provisions to the legislation, a move House Administration ranking member Joseph D. Morelle called a "poison pill" that allows lawmakers to retain existing stock holdings.
  • Opposing the measure, House Democrats criticized the bill, with Representative Pramila Jayapal labeling it a "fake stock trading ban" that "does not block insider trading, no matter what it's called."
  • Speaker Mike Johnson praised the bill Tuesday as a solution restoring trust, providing Republicans a messaging victory ahead of midterm elections as lawmakers head home for August recess.
  • The legislation now faces an uncertain path in the narrowly split Senate, where 60 votes are required for passage and voter ID provisions present a significant hurdle.
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The Daily Signal broke the news in Washington, United States on Tuesday, July 21, 2026.
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