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Trump Urges Ban on Congressional Stock Trading

Yahoo Finance •
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President Donald Trump called for a ban on congressional stock trading during his State of the Union address, prompting rare bipartisan applause from Democrats including Sen. Elizabeth Warren. Trump urged lawmakers to pass the Stop Insider Trading Act "without delay" as he criticized potential conflicts of interest in Congress.

Warren, a longtime advocate for the ban, has argued that members of Congress should not profit from insider information while making policy decisions. The proposal comes amid scrutiny of Nancy Pelosi's family stock portfolio and allegations of insider trading, which Pelosi has denied while supporting a trading ban in 2022.

The bill has stalled in the House despite Trump's endorsement, with Republicans refusing to support it and Democrats pushing for broader legislation covering the executive branch. The moment highlighted unusual agreement on ethics reform, though some Democrats heckled Trump during his remarks, calling him "the most corrupt president."