The Floor · H.R. 7008 · House floor
Stop Insider Trading Act
Policy area · Congress
Sponsor · Rep. Steil, Bryan [R-WI-1]
93 cosponsors
Stop Insider Trading Act This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks. Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn. Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust. Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances. Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.
Congress.gov bill summary · 07 · updated Jul 17, 2026
Path through Congress · started in the House
H.R. 7008 · 119th
Status
House floorJul 20, 2026
Introduced
Jan 12, 2026
Committee
Jan 12, 2026
House floor
Jul 20, 2026
Senate floor
Resolving differences
Enrolled
President's desk
Became law
Latest action · Jul 23, 2026
Received in the Senate.
As reported by the House Committee on House Administration on February 3, 2026
Mar 19, 2026
Chamber seating charts: color shows yea / nay / other; shape shows party. Tap or hover a seat for the member, then dig into party totals and names below.
Color is the vote (ink yea, amber nay, gray other). Shape is the party: circle Democrat, square Republican, diamond Independent.
House
Yea
54.0%
232 members
Nay
46.0%
198 members
Other
1
present / not voting
Tap a seat for the member · hover on desktop
Democratic212
13 yea · 198 nay · 1 other
Independent1
1 yea · 0 nay
Republican218
218 yea · 0 nay
Jul 22, 2026
On Passage
House
Yea
54.0%
232 members
Nay
46.0%
198 members
Other
1
present / not voting
Tap a seat for the member · hover on desktop
Democratic212
13 yea · 198 nay · 1 other
Independent1
1 yea · 0 nay
Republican218
218 yea · 0 nay
Democratic212
13 yea · 198 nay
Independent1
1 yea · 0 nay
Republican218
218 yea · 0 nay
1 procedural or secondary roll hidden.
1 amendment on Congress.gov.
Pursuant to the provisions of H. Res. 1438, in lieu of the amendment in the nature of a substitute recommended by the Committee on House Administration now printed in the bill, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 119-38, modified by the amendment printed in part B of report 119-755, is considered adopted.
Jul 22, 2026 · On agreeing to the Rules amendment (A001) Agreed to without objection.
Related bill
Related bill
Bipartisan member stock-trading restrictions; cleared the House and awaits Senate action.
Archive built 2026-08-06 from Library of Congress Congress.gov API.