H.R. 7008

119th Congress

Introduced

Stop Insider Trading Act

Sponsored byRepublican:Rep. Steil, Bryan [R-WI-1]WI· Introduced 12 January 2026
Open on Congress.gov

93

Cosponsors

21

Actions

1

Amendments

1

Committees

—

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 0 of 0
Latest action

Motion to reconsider laid on the table Agreed to without objection.

22 July 2026·1 day ago

Summary

Reported to House · Updated 17 July 2026

Stop Insider Trading Act

This bill generally prohibits Members of Congress and their spouses and dependent children from purchasing stocks and requires public notice before these individuals may sell stocks.

Specifically, Members of Congress and the spouses and dependent children of Members of Congress may not purchase covered investments. Between 7 and 14 days before a Member or a covered spouse or dependent sells a covered investment, the relevant Member must file public notice of the intent to sell with the Clerk of the House of Representatives or the Secretary of the Senate, as appropriate. The Clerk or Secretary must publish this notice online. If the individual decides not to sell the covered investment, the notice must be withdrawn.

Under the bill, a covered investment is a security issued by a publicly traded company or a comparable economic interest. Some investments are exempt, including interest in a widely held investment fund and certain investments held in a trust.

Violations of these provisions are subject to a fee and, in the case of a purchase, a requirement to sell the covered investment. The fee must equal (1) the greater of $2,000 or 10% of the transaction value, and (2) any net gain realized from the transaction during a specified period. The fee may not be paid using campaign donations or Members’ official allowances.

Certain transactions by covered spouses and dependents are exempt, including transactions made on behalf of another person or made as part of compensation from the individual’s employer.

Timeline

21 actions

  1. Considered under the provisions of rule H. Res. 1438.

    22 July 2026 · Floor

  2. DEBATE - The House proceeded with one hour of debate on H.R. 7008.

    22 July 2026 · Floor

  3. POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 7008, the Chair put the question on motion to recommit and by voice vote, announced the ayes had prevailed. Mr. Steil demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

    22 July 2026 · Floor

  4. On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).

    22 July 2026 · Floor

  5. Considered as unfinished business.

    22 July 2026 · Floor

  6. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.

    22 July 2026 · Floor

  7. The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.

    22 July 2026 · Floor

  8. On motion to recommit Failed by the Yeas and Nays: 211 - 218 (Roll no. 279).

    22 July 2026 · Floor

  9. Mr. Magaziner moved to recommit to the Committee on House Administration.

    22 July 2026 · Floor

  10. Passed/agreed to in House: On passage Passed by the Yeas and Nays: 232 - 198 (Roll no. 280).

    22 July 2026 · Floor

  11. Motion to reconsider laid on the table Agreed to without objection.

    22 July 2026 · Floor

  12. The previous question was ordered pursuant to the rule.

    22 July 2026 · Floor

  13. Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit H.R. 8800, H.R. 8844, H.R. 7008, H.R. 6955, and H.R. 9770.

    20 July 2026 · Floor

  14. Rules Committee Resolution H. Res. 1438 Reported to House. Rule provides for consideration of H.R. 8800, H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955 and H.R. 9770. The resolution provides for consideration of H.R. 8800 under a structured rule and for consideration of H.R. 8884, H. Con. Res. 113, H.R. 7008, H.R. 6955, and H.R. 9770 under a closed rule, with one hour of debate on each measure and one motion to recommit on H.R. 8800, H.R. 8884, H.R. 7008, H.R. 6955, and H.R. 9770.

    20 July 2026 · Floor

  15. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    3 February 2026 · Committee

  16. Placed on the Union Calendar, Calendar No. 409.

    3 February 2026 · Calendars

  17. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    3 February 2026 · Committee

  18. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    3 February 2026 · Committee

  19. Reported (Amended) by the Committee on House Administration. H. Rept. 119-479.

    3 February 2026 · Committee

  20. Placed on the Union Calendar, Calendar No. 409.

    3 February 2026 · Calendars

1 earlier actionView all on Congress.gov

Sponsorship

93 cosponsors

Sponsor

Republican:Rep. Steil, Bryan [R-WI-1]WI

Cosponsors

  • Democrat12%
  • Republican4998%
View all on Congress.gov

Classification

Policy area

Congress

Legislative subjects

Family relationshipsFinancial services and investmentsGovernment ethics and transparency, public corruptionGovernment information and archivesMembers of CongressSecurities

Committees

1

  • Committee on House Administration

    House · Standing

    • Referred To12 Jan 2026
    • Markup By14 Jan 2026
    • Reported By3 Feb 2026
    • Unknown22 Jul 2026
    • Unknown22 Jul 2026

Reports

Amendments

1

  • HAMDT 267Agreed

    22 July 2026

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