Full Committee Hearing: “Taking Stock of the STOCK Act”

The Committee on House Administration held a full committee hearing titled "Taking Stock of the STOCK Act" on November 19, 2025, to review and discuss the effectiveness of the STOCK Act, which prohibits insider trading by members of Congress and certain federal officials. The hearing featured testimony from experts and policy advocates who highlighted concerns about the lack of prosecutions under the current law, the inadequacy of disclosure requirements, and the need for stronger enforcement mechanisms. Various legislative proposals were discussed, including banning individual stock ownership by members of Congress, requiring divestment into diversified mutual funds, enhancing disclosure and pre-clearance processes, and extending restrictions to executive and judicial branches. The committee emphasized the importance of restoring public trust by ensuring lawmakers do not profit from non-public information and debated the complexities of implementing reforms that balance ethical standards with practical considerations for members' diverse backgrounds and investments. The hearing concluded with a bipartisan consensus on the need for meaningful reforms to strengthen the STOCK Act and improve transparency and accountability in congressional financial activities.