US Congress · 119th Congress (2025-2026)

HR 7008Passed Origin Chamber

Stop Insider Trading Act

Source of recordUS Congress · congress.govLast synced Aug 21, 2026

Chamber

House

Progress

Where this bill stands in the legislative process.

Introduced
Passed House
Passed Senate
To President
Became Law

Overview

The Stop Insider Trading Act aims to prevent members of Congress and their families from using non-public information for financial gain. It establishes new rules regarding investments, requiring disclosures and restrictions on purchasing covered securities. The bill defines ‘covered investments’ and creates a system for reporting sales and enforcing compliance through fines and potential sales of purchased securities. It also outlines a process for the supervising ethics office to issue interpretative guidance.

Key provisions

Defines ‘covered individual’ as Members of Congress, their spouses, and dependent children.
Specifies ‘covered investments’ as publicly traded securities, excluding certain investment funds and small business investments.
Requires members to provide 7-14 day notice before selling covered investments.
Establishes a process for publicly disclosing sales notices.
Creates a system for assessing fines for violations, up to $2,000 or 10% of the transaction value.
Prohibits the use of campaign funds to pay fines.
Allows the supervising ethics office to refer violations to the Department of Justice.
Establishes an effective date 180 days after enactment.

Who is affected

Members of Congress
Spouses of Members of Congress
Dependent children of Members of Congress
Investors
Publicly traded companies

Bill text

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Jan 12, 2026XMLView source

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Legislative history

24 recorded actions · showing the most recent 12

Jul 22, 2026House

On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).

Jul 22, 2026House

Considered as unfinished business. (consideration: CR H5157-5158)

Jul 22, 2026House

POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 7008, the Chair put the question on motion to recommit and by voice vote, announced the ayes had prevailed. Mr. Steil demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

Jul 22, 2026House

The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

Jul 22, 2026House

Mr. Magaziner moved to recommit to the Committee on House Administration. (text: CR H5152)

Jul 22, 2026House

The previous question was ordered pursuant to the rule.

Jul 22, 2026House

DEBATE - The House proceeded with one hour of debate on H.R. 7008.

Jul 22, 2026House

Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.

Jul 22, 2026House

Considered under the provisions of rule H. Res. 1438. (consideration: CR H5143-5153)

Jul 23, 2026Senate

Received in the Senate.

Aug 5, 2026Senate

Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

Aug 6, 2026Senate

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.

Votes

Recorded roll calls and chamber actions on this bill.

Vote map

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Nay

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Floor votes and chamber actions

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Recorded roll calls

Geography

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Stop Insider Trading Act

Progress