Wednesday, July 29, 2026

The Plain Record

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H.R. 7008

House

Stop Insider Trading Act

Sponsor: Rep. Abigail Spanberger (D-VA)

Passed the House

The House of Representatives has passed this bill. It now moves to the Senate.

In brief

This legislation prohibits Members of Congress and their spouses and dependent children from purchasing stocks or comparable economic interests in publicly traded companies. It requires these individuals to file a public notice of intent between 7 and 14 days before selling any existing covered investments, which the Clerk of the House or Secretary of the Senate must then publish online. Violators face a financial penalty equal to the greater of $2,000 or 10% of the transaction value, plus any net gains realized, and they are barred from using campaign funds or official allowances to pay these fees. Introduced by Representative Bryan Steil (R-WI), the bill has passed the House of Representatives and moved to the Senate for consideration.

Votes recorded

Tallies as reported by the House Clerk and the Senate. Individual member votes are available on the linked source page.

  • Passed 232-198House · July 22, 2026Roll call
  • Passed 232-198House · July 22, 2026Roll call

Timeline

Every recorded action, oldest first.

  1. July 26, 2025 · House

    Introduced

    Prohibits members of Congress from trading individual stocks and requires the use of blind trusts.

    Next: Referred to the House Committee on House Administration.

    Source
  2. July 22, 2026 · House

    Passed the House

    The House passed the Stop Insider Trading Act by a vote of 232-198.

    Passed 232-198

    Next: Awaits action in the Senate.

    Source
  3. July 22, 2026 · House

    Vote recorded

    Passed the House 232-198 after a motion to recommit failed.

    Passed 232-198

    Next: Awaits action in the Senate.

    Source
  4. July 26, 2026 · House

    Introduced

    This bill bans Members of Congress and their spouses from trading individual stocks. It is a top-ten viewed bill for late July 2026.

    Next: Referred to the House Committee on Financial Services.

    Source