Sens. Moody, Gillibrand Announce New Bipartisan Bill To Ban Congressional Stock Trading

Jan 15, 2026
86% of Americanssupport passing a bill to ban members of Congress from trading individual stocks
Today, U.S. Senators Ashley Moody (R-FL) and Kirsten Gillibrand (D-NY) introduced the bipartisanRestore Trust in Congress Act,which would ban stock ownership and trading for members of Congress and their immediate family members. This is companion legislation to the bipartisanbillintroduced by U.S. Representatives Chip Roy (R-TX-21) and Seth Magaziner (D-RI-02) in the U.S. House of Representatives, which currently has 126 total cosponsors. To date,79 representatives–both Democrats and Republicans—have signed a discharge petition filed by Rep. Anna Paulina Luna (R-FL-13) to bring this bill to the House floor for a vote.
“It is fundamental to our Republic that members of Congress are focused on our nation and its citizens’ well-being, not how they may financially profit from their positions,”said the senators.“That is why we are proud to introduce this commonsense bill to ban members of Congress from owning or trading individual stocks. We will continue to fight tirelessly to make sure it becomes law.”
TheSTOCK Act–which Senator Gillibrand led to passage in 2012—bars members of Congress from using insider information to buy and sell stocks. Despite this legislation,one in threemembers of Congress traded stocks or other financial assets from 2019-2021, and at least 3,700 of those trades posed potential conflicts of interest with their legislative responsibilities. TheRestore Trust in Congress Actwould help eliminate these conflicts of interest by prohibiting congressional stock holding and trading entirely.
Specifically, the bill would:
The full text of the legislation can be foundhere.
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