Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jan 13, 2022
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.
Source last updated: Jan 10, 2026. Consult Congress.gov for the current record.
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