Story perspectives

Bipartisan Bill Aims to Ban Congressional Stock Trading

1/16/2026

Summary

Story summary

Senators Kirsten Gillibrand (D-NY) and Ashley Moody (R-FL) are introducing the Restore Trust in Congress Act to prohibit members of Congress and their immediate families from trading or owning individual stocks.
The bipartisan bill mandates lawmakers to divest current stock holdings within 180 days and incoming members within 90 days.
Despite broad public support for limiting congressional stock trading, disagreements exist over specific provisions, with some lawmakers criticizing alternative proposals as inadequate.
The bill's exemption for the president and vice president has also faced criticism, highlighting the need for reform in Congress.

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Story summary

Senators Kirsten Gillibrand (D-NY) and Ashley Moody (R-FL) are introducing the Restore Trust in Congress Act to prohibit members of Congress and their immediate families from trading or owning individual stocks.
The bipartisan bill mandates lawmakers to divest current stock holdings within 180 days and incoming members within 90 days.
Despite broad public support for limiting congressional stock trading, disagreements exist over specific provisions, with some lawmakers criticizing alternative proposals as inadequate.
The bill's exemption for the president and vice president has also faced criticism, highlighting the need for reform in Congress.