House Republicans Intensify Push for Congressional Stock Trading Ban

Two House Republicans, Rep. Brian Fitzpatrick (R-Pa.) and Rep. Tim Burchett (R-Tenn.), are intensifying their efforts to pressure Speaker Mike Johnson and GOP leaders to advance a bill banning congressional stock trading. They have vowed to push for a floor vote on the legislation, moving beyond a mere committee hearing. At a press conference outside the House Administration Committee, Fitzpatrick emphasized the urgency of the issue, stating that a bill will come to the floor. Burch, a Republican from Tennessee, added that the situation is a ‘fist fight’ for the party, indicating the level of internal debate and pressure. The lawmakers, supported by Democratic reps Pramila Jayapal and Seth Magaziner, are pushing for stricter regulations on stock trading by members of Congress. They have seen some progress with Johnson’s willingness to let a committee hold a hearing on the politically divisive issue, but they are now seeking a markup and floor vote on actual legislation. Anna Paulina Luna (R-Fla.) plans to use a discharge petition to bypass Johnson and force a vote if GOP leaders fail to act by the end of the week. However, House GOP leaders are wary of potential backlash from some Republicans who view stock trading as an important income source. Burchett believes that if the House votes to ban stock trading, skeptical members may become the biggest supporters on the floor. The pressure to embrace a ban could clash with lawmakers who are protective of their activities in this space. Fitzpatrick also warned that members’ stock performance will be discussed in hearings on any stock trading bill.