Elizabeth Warren criticizes House stock trading ban as having 'major loopholes'; 48% of Congress still owns stocks
The U.S. House of Representatives passed the 'Stop Insider Trading Act' on July 22, 2026, in a 232-198 vote, with 13 Democrats joining all Republicans. The bill bans new individual stock trading by members of Congress and their families but allows them to keep existing portfolios and reinvest dividends. Senator Elizabeth Warren (D-MA) criticized the legislation on X, calling it full of 'MAJOR LOOPHOLES' and stating it 'won't solve the problem.' The Campaign Legal Center reports that 48% of Congress members still own individual stocks as of late 2025. The bill also includes voter ID requirements from the SAVE America Act, a provision championed by President Trump. Democratic senators are unlikely to support the measure, which faces an uncertain future in the Senate.
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