United States · Bill · HR
H.R. 7008 (119th)
Stop Insider Trading Act
Introduced
12 January 2026
Last action
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Status
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 548.
Sponsors
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Subjects
Discovery layer
Source updated
20 August 2026
Summary
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 If the individual decides not to sell the covered investment, the notice must be withdrawn.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.
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Timeline
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Votes
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Versions
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Documents
5 official files
Placed on Calendar Senate
Placed on Calendar Senate
Placed on Calendar Senate · EN · 6 August 2026
Engrossed in House
Engrossed in House · EN · 22 July 2026
Reported in House
Reported in House · EN · 3 February 2026
Reported to House
summary · EN · 3 February 2026
Introduced in House
Introduced in House · EN · 12 January 2026
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/119th-congress/house-bill/7008
- Open data entity: https://api.congress.gov/v3/bill/119/hr/7008