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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.

32%

of sitting members with a documented cosponsorship, signature or vote

170 of 539 members

CongressSupport for the question asked
Democrats
47%88%
Republicans
17%87%
Independents
33%81%

Voter figures: U. of Maryland PPC, May 2023.

The one vote leadership can't block.

Cosponsoring a bill costs a member nothing. Leadership can leave it in committee for the rest of the Congress and never schedule a vote, and that is exactly what has happened here. A discharge petition is the one tool that takes that choice away from them: at 218 signatures, the bill goes to the floor whether leadership wants it there or not.The petition on H.R. 1908 has 82 signatures from sitting members.

82

signatures, 136 short

Who signed

Democrats
68
Republicans
13
Independents
1
What this count does and does not say

Several competing bills would ban congressional stock trading, and they differ on real questions: divestment or blind trusts, whether spouses are covered, whether the ban reaches the President. This petition would force a vote on H.R. 1908 specifically. A member who backed one of the other bills, or who is holding out for a broader ban, has a reason not to sign that is not indifference. Counted here is only what the record shows: who signed this petition, and who cosponsored this bill.

Download the signatures (CSV): all 82, with party, state, district, and whether each also cosponsored H.R. 1908. Verified against the House Clerk's petition record, filed by Anna Paulina Luna.

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.

  • Stop Insider Trading Act

    Senate ·S 4134

    Senate companion to H.R. 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.

  • TRUST in Congress Act

    House ·HR 396

    It has more than 100 cosponsors, but it requires members, spouses, and dependent children to place holdings in a qualified blind trust rather than divest. As with the Senate blind-trust bill above, members retain beneficial ownership and profit while a trustee trades, so it falls short of the reform's full-divestment standard.

  • Ban on Members and spouses trading stock

    House ·HR 3182

    Prohibits trading by members and their spouses but omits dependent children, the same family-scope gap the PELOSI Act is dismissed for above, and falls short of the reform's full-family standard.

  • NO STOCK Resolution

    House ·H.Res. 491

    Amends House Rule XXIII so that a Member, Delegate or Resident Commissioner may not own the common stock of any individual public corporation. That is genuine divestment rather than a blind trust, but it reaches only the member: spouses and dependent children are untouched, the same gap that keeps the PELOSI Act off this list. It also binds the House alone and changes no law, so it could not reach the Senate even if adopted.

  • Senate stock-trading rules change (Ossoff)

    Senate ·S.Res. 784

    Amends Senate Rule XXXVII so that from January 2027 no Senator may buy or sell a publicly traded stock or cryptocurrency. It bars trading and not ownership, so a Senator keeps whatever they already hold, and it covers the Senator alone rather than spouses and dependent children. It also binds the Senate alone and changes no law.

What it does

The Restore Trust in Congress Act (H.R. 5106, as introduced) would prohibit members of Congress and their spouses and dependent children from owning or trading individual stocks, give them 180 days after enactment to divest, and fine anyone who violates it and take the profits. The HONEST Act (S. 1498), as reported in the Senate, would also cover the president and the vice president.

Where Congress stands.

Alabama · 2 of 9 with a documented actionAlaska · 0 of 3 with a documented actionArizona · 6 of 11 with a documented actionColorado · 6 of 10 with a documented actionFlorida · 9 of 29 with a documented actionGeorgia · 3 of 16 with a documented actionIndiana · 3 of 11 with a documented actionKansas · 0 of 6 with a documented actionMaine · 1 of 4 with a documented actionMassachusetts · 6 of 11 with a documented actionMinnesota · 3 of 10 with a documented actionNew Jersey · 7 of 14 with a documented actionNorth Carolina · 2 of 16 with a documented actionNorth Dakota · 0 of 3 with a documented actionOklahoma · 1 of 7 with a documented actionPennsylvania · 8 of 19 with a documented actionSouth Dakota · 1 of 3 with a documented actionTexas · 11 of 39 with a documented actionWyoming · 0 of 3 with a documented actionConnecticut · 2 of 7 with a documented actionMissouri · 3 of 10 with a documented actionWest Virginia · 0 of 4 with a documented actionIllinois · 8 of 19 with a documented actionNew Mexico · 2 of 5 with a documented actionArkansas · 0 of 6 with a documented actionCalifornia · 23 of 54 with a documented actionDelaware · 1 of 3 with a documented actionDistrict of Columbia · 1 of 1 with a documented actionHawaii · 1 of 4 with a documented actionIowa · 2 of 6 with a documented actionKentucky · 1 of 8 with a documented actionMaryland · 5 of 10 with a documented actionMichigan · 4 of 15 with a documented actionMississippi · 0 of 6 with a documented actionMontana · 0 of 4 with a documented actionNew Hampshire · 2 of 4 with a documented actionNew York · 14 of 28 with a documented actionOhio · 3 of 17 with a documented actionOregon · 5 of 8 with a documented actionTennessee · 2 of 11 with a documented actionUtah · 0 of 6 with a documented actionVirginia · 5 of 13 with a documented actionWashington · 6 of 12 with a documented actionWisconsin · 2 of 10 with a documented actionNebraska · 0 of 5 with a documented actionSouth Carolina · 2 of 9 with a documented actionIdaho · 0 of 4 with a documented actionNevada · 3 of 6 with a documented actionVermont · 1 of 3 with a documented actionLouisiana · 1 of 8 with a documented actionRhode Island · 2 of 4 with a documented action
None recordedWhole delegation

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