Johnson Expects Vote on Trump-Backed Stock-Buying Ban ‘Soon’

Feb. 25, 2026, 3:41 PM UTC

Legislation to curb lawmaker stock trading will get a House vote “soon,” Speaker Mike Johnson (R-La.) told reporters Wednesday, shortly after President Donald Trump called for a ban in his State of the Union address.

Johnson referenced the Stop Insider Trading Act (H.R. 7008), led by House Administration Chairman Bryan Steil (R-Wis.), which would stop members of Congress from trading new stocks but wouldn’t require them to sell their existing ones.

“I think we’ll be able to get a package through,” Johnson said, praising Steil for “bringing all the various parties together and making sure that this is ...

Learn more about Bloomberg Government or Log In to keep reading:

See Breaking News in Context

Providing news, analysis, data and opportunity insights.

Already a subscriber?

Log in to keep reading or access research tools and resources.