S. 3504: Banning Insider Trading in Congress Act
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S. 3504: Banning Insider Trading in Congress Act
117th Congress · introduced 2022-01-13 · Congress · Latest: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
federal
Follow this bill, step by step
- Where it came from: introduced 2022-01-13 · official record
- Who proposed it: Sen. Hawley, Josh [R-MO] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Read twice and referred to the Committee on Homeland Security and Governmental Affairs. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Banning Insider Trading in Congress Act
Plain summary
Banning Insider Trading in Congress Act This bill prohibits a member of Congress or spouse of a member of Congress from holding, purchasing, or selling certain investments. Any profit made in violation of the prohibition must be disgorged to the Treasury and may subject the member of Congress to a civil fine. The bill also requires each member of Congress to submit an annual certification of compliance and requires the Government Accountability Office to conduct a compliance audit. The prohibition does not apply to assets held in a qualified blind trust or to a sale by a member of Congress or spouse within 180 days after the bill is enacted or within 180 days after the member commences service, for any member who commences service after the bill is enacted.
Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
Banning Insider Trading in Congress Act
Source: Congressional Research Service summary (Introduced in Senate)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Hawley, Josh [R-MO] · 0 cosponsors
Cost estimate: No cost estimate published yet.
Sponsor's campaign money: Sen. Hawley, Josh [R-MO] reported raising $1.9 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in Senate)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s3504.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>
Record fed-us-cong117-s3504 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117