Project Curia

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Reform No. 05

Ban Congressional Stock Trading

Prohibit members of Congress, their spouses, and dependent children from owning or trading individual stocks.

161 of 536 members/30% of Congress documented as supporting this reform

Breakdown/118 D·41 R·1 I

Vehicle in the 119th Congress

Related bills not counted

  • Stop Insider Trading Act

    House ·HR 7008

    Bans only future purchases and adds a 7-day sale-disclosure requirement; lets members keep existing holdings indefinitely. Falls short of the reform's full ban on ownership.

  • Ban Congressional Stock Trading Act

    Senate ·S 1879

    Requires placement of assets into a qualified blind trust rather than divestment. Members retain beneficial ownership and continue to profit from stocks while a trustee makes the trades.

  • PELOSI Act

    House ·HR 3388

    Bans stock holdings by members and spouses but omits dependent children, falling short of the reform's full-family standard.

What it does

The HONEST Act (Senate) and Restore Trust in Congress Act (House) would prohibit members of Congress, the president, the vice president, and their spouses and dependent children from holding or trading individual stocks, require divestment beginning in 2027, and raise the late-filing penalty under the STOCK Act.

How members will be scored

Recorded as supporting if they are a cosponsor of either bill, signed the Luna discharge petition (House), or have a documented public commitment to a divestment requirement.

Where Congress stands.

160 of 536 members of Congress have a recorded position supporting this reform (cosponsorship or sponsorship of one of the listed bills).

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