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3d ago

Trump Pledges to Sign Congressional Stock Trading Ban if Passed

The president's endorsement follows bipartisan scrutiny of lawmakers' financial activities and stalled progress on the ETHICS Act in Congress.

U.S. President Donald Trump speaks to the press before signing an executive order in the Oval Office of the White House on March 26, 2025 in Washington, DC.
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Overview

  • President Donald Trump stated he would 'absolutely' sign a bill banning congressional stock trading during an interview published Friday.
  • The ETHICS Act, which would prohibit members of Congress, their spouses, and dependent children from trading stocks, remains pending after Senate committee approval but has not advanced to a full vote.
  • Democrats are calling for investigations into alleged insider trading by Republican lawmakers and Trump administration officials during recent market fluctuations.
  • Under the existing STOCK Act, lawmakers must disclose stock trades over $1,000 within 45 days, but there are no prohibitions on trading or robust enforcement measures.
  • High-profile cases involving figures like Marjorie Taylor Greene and Paul Pelosi continue to fuel bipartisan calls for legislative reform to address conflicts of interest.