Bill to limit stock trading in US Congress blocked in Senate
The measure fell 53-47 after Democrats said it was too weak and objected to a photo ID requirement added to the package.
- On Wednesday, September 30, 2026, the U.S. Senate failed to advance the House-passed Stop Insider Trading Act in a 53–47 procedural vote, falling seven votes short of the 60 required to proceed.
- Senate Democrats blocked the measure after Republicans attached a voter ID requirement from the SAVE America Act, which Democrats labeled a "poison pill" designed to derail the stock trading restrictions.
- Critics, including Senate Minority Leader Chuck Schumer, denounced the bill as "toothless," arguing it failed to cover executive branch officials and allowed lawmakers to retain existing stock holdings.
- With senators departing for recess until after the November 3, 2026 midterm elections, the failed vote effectively ends the bill's prospects for becoming law in the 119th Congress.
- Despite polling showing 86% of Americans favor banning congressional stock trading, both parties used the vote for midterm messaging, leaving the issue unresolved as campaigns intensify nationwide.
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151 Articles
US Senate Dems block bill curbing congressional stock trading, calling it too weak • Oklahoma Voice
WASHINGTON — U.S. Senate Republicans did not gain any support Wednesday from Democrats as they attempted to advance a bill that mashed together two hot-button midterm issues: requiring voter ID in federal elections and limiting stock trading for members of Congress. The Republican-led bill, titled the Stop Insider Trading Act, failed 53-47 when lawmakers stayed solidly […]
The Senate Just Voted Down a Ban on Congressional Stock Trading
The post The Senate Just Voted Down a Ban on Congressional Stock Trading appeared first on 24/7 Wall St.. On September 30, 2026, the Senate failed to advance the Stop Insider Trading Act, a bill that would have stopped members of Congress, their spouses, and their dependent children from buying new individual stocks. The motion drew 53 votes in favor and 47 against, short of the 60 votes needed to proceed. The vote leaves the current system in p…
Failed bill intended to put an end to the purchase-sale of company shares by several senators, no Democrat backed it
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