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yesterday

Senate Committee Advances Honest Act to Bar Stock Trading by Congress and President

With its committee hurdle cleared, the Honest Act now awaits a Senate floor vote following Josh Hawley’s party-crossing support that ignited Trump’s fury.

Sen. Josh Hawley speaks to reporters on Capitol Hill in Washington, DC, on Wednesday, July 30, 2025.
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Overview

  • The Senate Homeland Security and Governmental Affairs Committee approved the Honest Act in an 8–7 vote, with Sen. Josh Hawley as the lone Republican joining all Democrats to advance the measure.
  • The legislation would prohibit members of Congress from trading or holding individual stocks and extend its ban on presidents and vice presidents to the next administration, exempting the current term.
  • Former House Speaker Nancy Pelosi issued a statement declaring her strong support and pledging to vote for the bill when it reaches the House floor.
  • President Trump blasted Hawley on Truth Social as a “second-tier senator” and accused him of “sabotage” for siding with Democrats on the stock trading ban.
  • In the House, Rep. Anna Paulina Luna is preparing a discharge petition to force a floor vote while Reps. Chip Roy and Seth Magaziner lead bipartisan talks on a compromise measure.