The House passed H.R. 7008, the Stop Insider Trading Act, 232-198 on July 22, 2026, banning members of Congress, spouses, and dependent children from purchasing individual stocks while requiring 7-14 day advance public disclosure for sales of existing holdings.
The bill was combined with a separate measure requiring photo ID for federal voters, a key Republican priority, and passed with 13 Democrats joining most Republicans; the video in the post shows the floor vote tally alongside an image of Nancy Pelosi.
Edit to add...
13 Democrats voted yes on H.R. 7008 (Stop Insider Trading Act) out of roughly 212 voting Democrats, per the official House roll call (232-198 passage).
clerk.house.gov
Here are the Democrats who voted Yea (from the clerk.house.gov vote details):
They can sell, but doing so comes with a penalty of either $2,000 or 10% of the sale price (whichever is larger) as well as any gains made from the sale. It's honestly pretty punishing.
Makes me wonder what technically doesn't fit under this definition, like for instance exclusive(politicians only) and very bespoke(their 'input') hedge funds........
It will stall in the Senate.
Its where things go to die!
Seems to be the most un-American part of our government right now!
Repeal the 17th!
Well, that, and the foreign born judges that are usurping Executive power.
And all of the Republicans that voted for it know this.
Don't fall for it! They have a way to skirt the law, that's why it passed.
https://x.com/nicksortor/status/2080035853087154562?s=20
Grok...
The House passed H.R. 7008, the Stop Insider Trading Act, 232-198 on July 22, 2026, banning members of Congress, spouses, and dependent children from purchasing individual stocks while requiring 7-14 day advance public disclosure for sales of existing holdings.
The bill was combined with a separate measure requiring photo ID for federal voters, a key Republican priority, and passed with 13 Democrats joining most Republicans; the video in the post shows the floor vote tally alongside an image of Nancy Pelosi.
Edit to add...
13 Democrats voted yes on H.R. 7008 (Stop Insider Trading Act) out of roughly 212 voting Democrats, per the official House roll call (232-198 passage).
clerk.house.gov
Here are the Democrats who voted Yea (from the clerk.house.gov vote details):
Rep. Kathy Castor (D-FL)
Rep. Henry Cuellar (D-TX)
Rep. Don Davis (D-NC)
Rep. Jared Golden (D-ME)
Rep. Josh Gottheimer (D-NJ)
Rep. Vicente Gonzalez (D-TX)
Kaptur (D-Ohio)
Lee (D-NV)
Moskowitz (D-Florida)
Pappas (D-New Hampshire)
Perez (D-Washington)
Soto (D-Florida)
Tran (D-California)
https://clerk.house.gov/Votes/2026280
That's what real freedom looks like
Big deal. Didn't they pass the Save Act, too? We see how that ended up.
Gett’errr dunnn!
Nothing states they can't sell stock just purchase.
Wives and husbands cannot buy/sell stocks....what about the kids or nephews and nieces?
Dependent children are also prohibited.
They can sell, but doing so comes with a penalty of either $2,000 or 10% of the sale price (whichever is larger) as well as any gains made from the sale. It's honestly pretty punishing.
So they make custom ETF' S I guess. Is that dooming too much?
No, many book deals on the horizon
I mean, why not. These pieces of shit love to sneak in stuff into bills all the time and we know that these politicians don't fucking read either lmao
Yawn, dog and pony show. Wake me up when the loopholes are deadened and it is signed into law.
Let's see how many of them leave because they were in it for the insider trading.
Goes to the Senate to die.
I bet a bunch of Congressional kids will get really stock savvy.
Still needs to make it through the Senate.
Wording: Individual stocks.........
Makes me wonder what technically doesn't fit under this definition, like for instance exclusive(politicians only) and very bespoke(their 'input') hedge funds........
They don't need to trade stocks now that there are "prediction markets."
How about index funds at leverage?