Rep. Craig Reintroduces Legislation to Ban Members of Congress from Trading Stocks

WASHINGTON, DC – Today, as part of her continued efforts to fight corruption and reform Washington, U.S. Representative Angie Craig reintroduced her NO STOCK Resolution. Rep. Craig’s legislation would require every sitting member of the U.S. House of Representatives to immediately sell their individual stocks and refrain from future stock ownership while in office. Rep. Craig first introduced this legislation in 2022. 

“Lawmakers should be focused on serving their constituents, not their own self-interests,” said Rep. Craig. “There’s no denying that just by nature of their jobs, Members of Congress have access to information that everyday Americans do not. That’s why I'm proud to be reintroducing this common-sense legislation to prevent Members of Congress from playing the stock market and profiting from their positions while they’re in office.” 

Since she came to Congress, Rep. Craig has led the charge to fight corruption and restore integrity to Washington, DC. 

This week, Rep. Craig joined her colleagues in introducing the End Corruption Now legislative agenda, which aims to confront political corruption and clean up government by introducing six bills that will put power back in the hands of the American people. These bills will prevent the President, Executive Branch officials, and Members of Congress from personally benefiting from their offices.

As part of the End Corruption Now agenda, Rep. Craig reintroduced her Restoring Integrity to Democracy Resolution to ban Members of the House from serving on corporate boards while also serving in office.

Earlier this Congress, she reintroduced her Halt Unchecked Member Benefits with Lobbying Elimination (HUMBLE) Act -- a broader package of reforms that would ban Members of Congress from owning or trading individual stocks, prohibit the use of taxpayer funds for first-class airline tickets, prevent Members from serving on corporate boards while they are in Congress, eliminate access to Members-only perks for former Members and eliminate automatic pay raises for Members of Congress.

In January of 2024, Rep. Craig led a bipartisan coalition of 26 Members pushing Speaker Johnson and House leaders to bring a Congressional stock trading ban to a vote. Then, again in July of last year, ahead of the Senate markup of the legislation to ban Congressional stock trading, she led her colleagues in urging Speaker Johnson, Majority Leader Schumer and Congressional leaders to bring the bill to the House Floor for a vote.  

You can read Rep. Craig’s NO STOCK Resolution here.

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