<p>A Senate panel on Wednesday advanced a bill that seeks to prohibit members of Congress, presidents, and vice presidents from trading or holding individual stocks — although the ban would not force a full divestment for current office holders until if and they win and start another term.</p>
<p>Part of an effort led by Sen. Josh Hawley (R-MO), the legislation passed through the Senate Homeland Security and Governmental Affairs Committee in an 8-7 vote. Democrats joined with Hawley in supporting the <a href="https://s3.documentcloud.org/documents/26036909/s-1498-hawley-substitute-as-modified-wal25677.pdf" target="_blank" rel="noopener">measure</a>, while the rest of the Republicans opposed it.</p>
<p>“Americans have watched politicians earn a fortune using information not available to the general public while the average family struggles to get by. It&#8217;s just wrong,&#8221; Hawley said. &#8220;Members of Congress should be focused on delivering results for their constituents, not returns on investments. It&#8217;s time to find out where members stand. It&#8217;s time we restore trust in Congress and ban all members from trading and holding stocks.&#8221;</p>
<p>Featuring a name <a href="https://nypost.com/2025/06/29/opinion/pelosis-prime-profits-prove-its-time-to-ban-congress-stock-trading/" target="_blank" rel="noopener">inspired</a> by former House Speaker Nancy Pelosi (D-CA) and her strong performance in the stock market, the bill initially offered by Hawley sought to keep just lawmakers and their spouses from stock picking, but allow for investment in diversified mutual funds, Exchange-Traded Funds, and Treasury bonds. President Donald Trump even <a href="https://www.dailywire.com/news/sen-hawley-reintroduces-pelosi-act-to-curb-congressional-stock-trading-trump-signals-approval" target="_blank" rel="noopener">suggested</a> he would sign the legislation.</p>
<p>A change was later offered to add the president and vice president to the ban, part of what Axios <a href="https://www.axios.com/2025/07/29/white-house-lobbies-hawley-stock-trading-ban" target="_blank" rel="noopener">reported</a> to be Hawley&#8217;s bid to gain Democrat support. But with the White House raising Article II concerns, the Senate Homeland Security and Governmental Affairs Committee ultimately approved a version that bars only current office-holders from stock trading if they get elected to another term — effectively giving Trump a pass, given he&#8217;s in his second term. Still, that was enough for the Democrats.</p>
<p>&#8220;The American people think ALL politicians, Democrats and Republicans, use our position to enrich ourselves,&#8221; Sen. Elissa Slotkin (D-MI) <a href="https://x.com/SenatorSlotkin/status/1950599974686691459" target="_blank" rel="noopener">declared</a> in a post on X. &#8220;Today, we sent a bill to the Senate floor that bans Members of Congress, the President, and VP from trading stocks. It’s not perfect, but it’s a good first step, and we should pass it into law.&#8221;</p>
<p>Business Insider <a href="https://www.businessinsider.com/congressional-stock-trading-ban-clears-senate-committee-republicans-arguing-insults-2025-7" target="_blank" rel="noopener">noted</a> that even though full divestment from individual stocks would not be required immediately, it would prevent Trump, Vice President JD Vance, and lawmakers from buying stocks right way and, 90 days after enactment, disallow them from selling stocks.</p>
<p>Now the legislation heads to the full Senate, where the GOP has a 53-seat majority.</p>
<p>Sen. Rand Paul (R-KY), the chairman of the Homeland Security and Governmental Affairs Committee, said he opposed exempting Trump because he believes &#8220;everybody should be treated fairly.&#8221; He also bemoaned how it excluded the courts and staff of office-holders.</p>
<p>Another Republican on the panel, Sen. Ron Johnson (R-WI), <a href="https://www.youtube.com/watch?v=TfalT1gSTbo" target="_blank" rel="noopener">derided</a> what he called &#8220;legislative demagoguery.&#8221; He noted that insider trading laws and financial disclosure rules already exist. In addition, Johnson warned the measure would &#8220;make it very unattractive&#8221; for people to run for office, particularly those with business experience.</p>
<p>There is GOP support for a congressional stock trading ban in the House. Rep. Anna Paulina Luna (R-FL) has signaled that she will <a href="https://x.com/RepLuna/status/1950317068911263752" target="_blank" rel="noopener">force</a> a vote.</p>
<p>&#8220;Members of Congress should be banned from trading individual stocks because their access to privileged, nonpublic information creates unavoidable conflicts of interest that erode public confidence in government,&#8221; Luna <a href="https://x.com/RepLuna/status/1950589449600929876" target="_blank" rel="noopener">said</a> in a post on X.</p>
<p>&#8220;As lawmakers, we receive classified briefings, shape economic policies, and interact with industry leaders, giving us insights that can influence stock prices. Even if no laws are broken, the appearance of profiting from this access fuels distrust among Americans,&#8221; she added. &#8220;The American people do not trust the US government and banning stock trading is a step forward to building that trust.&#8221;</p>

<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Senate Panel Votes To Ban Stock Trading For Lawmakers, President, And VP — But Spares Trump

CONTINUE READING

DOJ To Start Giving Congress Epstein Docs By Week’s End, House Oversight Chair Says

Trump Weaponization Czar Puts January 6 Committee Associates On Notice

Critics Of Trump’s Ukraine-Russia Peace Effort Have Been ‘Wrong’ For Decades, GOP Senator Says

Rubio Reveals The ‘Only Way’ To Achieve Ukraine-Russia Peace Deal

GOP Proposal Gives Trump Authority To Extend D.C. Police Takeover

Bessent Targets ‘Eye-Popping’ Stock Gains Made By Members Of Congress

News

Congress

Corruption

Donald Trump

Executive

Josh Hawley

Politics

Rand Paul

Ron Johnson

Stock Market

U.S. Senate

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Senate Panel Votes To Ban Stock Trading For Lawmakers, President, And VP — But Spares Trump