House approves HR 7008, the Stop Insider Trading Act
On July 22, 2026, the House of Representatives passed HR 7008, the Stop Insider Trading Act, in a 232-198 roll call vote. The legislation, which seeks to regulate stock transactions by Members of Congress and their immediate family members, was subsequently received in the Senate on July 23, 2026.
Roll call tally
The vote was conducted as a yea-and-nay vote with 431 total positions recorded.
Yea: 232
Nay: 198
Present: 0
Not voting: 1
Result: Passed
Party-level breakdown
The vote saw a split along party lines, with all voting Republicans and the chamber's Independent member supporting the measure, while the majority of Democrats voted against it.
Republican: 218 Yea, 0 Nay
Democratic: 13 Yea, 198 Nay, 1 Not voting
Independent: 1 Yea, 0 Nay
Legislative summary
HR 7008 introduces new requirements for financial disclosures and trading restrictions for Members of Congress, their spouses, and dependent children. Key provisions include:
Purchase Prohibition: Members, their spouses, and dependent children are prohibited from purchasing "covered investments," defined as securities issued by publicly traded companies or comparable economic interests.
Sale Notice: Members must file a public notice of intent to sell a covered investment with the Clerk of the House or the Secretary of the Senate between 7 and 14 days prior to the transaction.
Exemptions: The bill provides exemptions for certain investments, such as interests in widely held investment funds and specific assets held in trusts.
Procedural path
The bill reached the floor on July 22, 2026, under the provisions of House Resolution 1438. During the session, the House engaged in one hour of debate. Before the final passage vote, a motion to recommit the bill to the Committee on House Administration was offered by Representative Magaziner. Following the conclusion of debate and consideration of the amendment in the nature of a substitute, the House voted to pass the bill.
