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Trump urged a congressional stock trading ban in 2026 State of the Union, targeting insider deals.
In his 2026 State of the Union address, former President Donald Trump called for passage of the Stop Insider Trading Act, urging a ban on stock trading by members of Congress, their spouses, and dependent children, citing concerns over insider information. He specifically targeted former Speaker Nancy Pelosi, questioning her support during the speech, which drew bipartisan applause and sparked debate. The legislation, introduced by Rep. Bryan Steil, would require advance public disclosure of stock sales and aims to strengthen ethics rules beyond the 2012 STOCK Act. While some Democrats supported the bill, others criticized it as insufficient and pointed to Trump’s own financial practices. The bill faces challenges in Congress despite growing public support for ethics reform.