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As of January 15, 2025, efforts to ban stock trading by members of Congress are ongoing. Lawmakers are pushing for new legislation that would prohibit members of Congress, their spouses, and dependent children from trading individual stocks.
Two key bills currently in focus are:
TRUST in Congress Act: Reintroduced in January 2025 with bipartisan support, this bill seeks to ban lawmakers and their immediate family members from owning individual stocks. It would require them to either divest from these holdings or place them in a qualified blind trust.
No Corruption in Government Act: Also introduced in January 2025, this legislation would bar members of Congress and their spouses from trading individual stocks, eliminate automatic annual pay raises, and extend the lobbying ban for former lawmakers from one to three years.
Additionally, recent reports suggest that former President Donald Trump is considering supporting a ban on congressional stock trading, signaling that this issue is gaining traction in the current legislative session.
