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House Republicans Pass Stock Trading Bill Tied to SAVE Act and Voter ID Measure

The New York Times • July 22, 2026 • nation

Key Points:

The House narrowly passed legislation aimed at limiting stock trading by members of Congress, seeking to address public outrage and bipartisan calls for reform ahead of the midterm elections.
The bill prohibits members of Congress and their families from trading individual stocks but allows them to keep existing shares and reinvest dividends, with penalties for violations including fines and forfeiture of gains.
Nearly all Democrats opposed the measure after Republicans added a federal voter ID requirement, aligning with President Trump’s push for voting restrictions and creating a partisan divide.
The legislation faces significant challenges in the Senate, where skepticism exists among members of both parties regarding stock trading restrictions and voting laws.
There is broad public support and cross-ideological pressure for cracking down on congressional stock trading due to concerns about lawmakers profiting from insider information.

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