hold on there's just too much going on in Congress lmao...
Bans stock trading for Members of Congress and their families.
Senators Moody and Gillibrand.
Introduced in Senate, referred to committee.
This bill would prohibit Members of Congress, their spouses, and dependent children from owning or trading most individual stocks, commodities, or futures. Existing investments must be divested within 180 days. Introduced by Senators Moody and Gillibrand, it is currently referred to the Senate Committee on Homeland Security and Governmental Affairs. This early stage means the committee must approve it before it can advance further in the legislative process.
Introduced Jan 15, 2026
The bill was introduced in the Senate by Senators Moody and Gillibrand on January 15, 2026. It has been referred to the Senate Committee on Homeland Security and Governmental Affairs for review. For it to become law, it must pass both the Senate and the House of Representatives and then be signed by the President.
If passed, Members of Congress and their immediate families would need to sell off their individual stock holdings within 180 days of the bill becoming law, or 90 days if they become a covered individual later. They could still hold diversified investment funds, US Treasury bonds, and state/municipal bonds. Violators would face fees equal to 10% of the investment's value and would have to give up any profits from illegal trades, with these penalties going to the US Treasury.
Supporters Say
Supporters would argue this bill restores public trust by preventing conflicts of interest and ensuring lawmakers focus on public service, not personal profit.
Critics Say
Critics might contend that such a ban unfairly limits the financial freedom of elected officials and their families, potentially deterring qualified candidates.
The bill's short title, 'Restore Trust in Congress Act,' indicates its proponents believe it will enhance public confidence in government by removing the appearance of impropriety. Opponents, while not explicitly mentioned in the bill text, commonly raise concerns about potential impacts on recruitment for public office.