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Senate Advances Bill to Ban Stock Trading by Congress

7/31/2025

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Summary

Story summary

The Senate Homeland Security Committee has taken a significant step by advancing the Honest Act, which seeks to ban stock trading by Congress members and their spouses, as well as the president and vice president after their terms. Spearheaded by Sen. Josh Hawley, this bill aims to eliminate existing loopholes, giving current lawmakers 180 days to adapt if enacted.

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Story summary

The Senate Homeland Security Committee has taken a significant step by advancing the Honest Act, which seeks to ban stock trading by Congress members and their spouses, as well as the president and vice president after their terms. Spearheaded by Sen. Josh Hawley, this bill aims to eliminate existing loopholes, giving current lawmakers 180 days to adapt if enacted.