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Rep. Steil Says Congress Stock Ban Has Momentum in Senate
Posted
July 23, 2026
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4:05Now PlayingMembers of Congress would be barred from purchasing new stocks under a bill the House passed 232-198 Wednesday, though partisan disagreements will stymie its chances of becoming law this year. The vote on H.R. 7008, led by House Administration Chairman Bryan Steil (R-Wis.), is nonetheless a major development in the yearslong crusade by members of both parties to curb congressional stock trading.
Steil says banning lawmakers from trading individual stocks is a major step forward, while broader ethics reforms could follow. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz on Balance of Power.
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