Will Congress Finally Ban Stock Trading? Rep. Bryan Steil Explains
Brian Kilmeade Show
FOX News Podcasts
4.1 • 2K Ratings
🗓️ 25 February 2026
⏱️ 7 minutes
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| 0:00.0 | this gross disparity, I'm announcing that next year my administration will give these |
| 0:05.0 | forgotten American workers, great people, the people that built our country, access to the same |
| 0:10.8 | type of retirement plan offered to every federal worker. We will match your contribution with up to |
| 0:16.6 | $1,000 each year. As we ensure that all Americans can profit from a rising stock market, |
| 0:23.8 | let's also ensure that members of Congress cannot corruptly profit from using insider information. |
| 0:35.2 | So he wants to make sure that they don't profit. That is speaking Congressman Brian Stiles language. |
| 0:40.8 | He's chairman of the committee on House administration, and he called for passing his act, |
| 0:45.3 | stop the insider trading act. What did it feel like have the president mentioned that? |
| 0:49.0 | It's a pretty surreal moment to be sitting in the hall and have the president of the United States call out legislation I've been working on by name. It's a huge opportunity, though. We have a real moment in time where we can pass meaningful ethics reform in the House of Representatives and get that signed into law. What would you recommend, Brian, that they put it into a blind trust like a president? So let's say you're an invested. You're very successful. You know, you know, |
| 1:11.1 | I'm going to go room for Congress. What happens to your portfolio? So a couple, couple pieces of the puzzle. |
| 1:16.7 | Once you come into office, you can no longer buy any individual stock, period, full stop. If you arrive |
| 1:22.5 | in office and you have stock inside your portfolio, you can hold it, except you provide seven days |
| 1:27.2 | advance notice for |
| 1:28.7 | any sale. That removes the ability to profit off of any insider information you may garner |
| 1:33.1 | while serving. And then it puts real teeth into the legislation to actually enforce the law. |
| 1:39.2 | That guts the ability of any member to profit off of insider information. And I think it starts |
| 1:43.7 | to reinstate |
| 1:44.5 | trust from the American people in this institution. What kind of support do you have in the House? |
| 1:48.4 | We're seeing growing support. We passed this through committee. The president putting his weight |
| 1:53.2 | behind this legislation, I think gives us the opportunity to get it to the floor and absolutely pass it. |
| 1:58.6 | Now that Nancy Pelosi's retiring, she did come up because she's considered one of the |
| 2:02.5 | gravest offenders pointed out by Steve Crofton, 60 minutes years ago. |
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