Story perspectives

Dual Petitions Aim to Ban Congressional Insider Trading

12/18/2025

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Summary

Story summary

Rep. Seth Magaziner (D-R.I.) said House Democratic leadership will introduce a discharge petition next month to ban stock trading by Congress members, U.S. President Donald Trump, and the vice president.
The plan expands the Restore Trust in Congress Act, which previously targeted only lawmakers.
Rep. Anna Paulina Luna (R-Fla.) has a competing petition with 15 Republicans and 57 Democrats supporting it, and both efforts address insider trading concerns in Congress.

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Story summary

Rep. Seth Magaziner (D-R.I.) said House Democratic leadership will introduce a discharge petition next month to ban stock trading by Congress members, U.S. President Donald Trump, and the vice president.
The plan expands the Restore Trust in Congress Act, which previously targeted only lawmakers.
Rep. Anna Paulina Luna (R-Fla.) has a competing petition with 15 Republicans and 57 Democrats supporting it, and both efforts address insider trading concerns in Congress.