The House just passed a bold new bill, the Stop Insider Trading Act, targeting lawmakers who trade stocks using non-public info. With a 232-198 vote, the law bans Congress members, their spouses, and dependents from buying stocks and imposes steep fines plus profit forfeiture for violations. It also mandates seven-day notice before selling existing holdings. But critics like Senator Warren say it’s too weak — she argues lawmakers shouldn’t own or trade stocks at all. The bill now heads to the Senate, where it faces tough scrutiny — and a similar bill targeting political betting on prediction markets is also on the table. This moment highlights the growing push to restore public trust in government ethics.
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