House Administration Cmte Hearing: “Taking Stock of the STOCK Act”

Committee on House Administration
November 19, 2025
https://www.youtube.com/live/Ddca-YUFmKc?si=e5Z5z3q30Npkt4w6

*********
Stop Trading Act
https://www.congress.gov/bill/112th-congress/senate-bill/2038/text

The Stop Trading on Congressional Knowledge (STOCK) Act of 2012 is a U.S. federal law designed to prohibit members of Congress and government employees from using nonpublic information obtained through their official positions for personal profit, including insider trading. Signed into law by President Barack Obama on April 4, 2012, the act amended existing securities laws to explicitly state that congressional and executive branch officials owe a duty of trust and confidence to the U.S. government and its citizens regarding material, nonpublic information.
It requires these individuals to publicly disclose financial transactions exceeding $1,000 within 30 to 45 days of the transaction, significantly shortening the previous annual reporting requirement.

The law also applies to executive and judicial branch employees, mandates the public online posting of financial disclosure forms, and directs the creation of searchable databases for transparency. Additionally, the STOCK Act denies federal retirement benefits to officials convicted of public corruption felonies and prohibits them from receiving preferential access to initial public offerings.

Despite these measures, enforcement has been criticized due to minimal penalties—currently a $200 fine for late reporting—which some argue undermines the law’s effectiveness in deterring misconduct. As of 2025, bipartisan efforts continue to strengthen the act, with proposed legislation aiming to ban lawmakers from holding or trading individual stocks altogether.

********

PELOSI Act
Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act
S.1498, H.R.3388
https://www.congress.gov/bill/119th-congress/house-bill/3388
https://www.congress.gov/bill/119th-congress/senate-bill/1498

********

REPUBLICAN WITNESSES
Mr. Dan Savickas - Vice President of Policy and Government Affairs,
Taxpayers Protection Alliance (TPA)
https://www.congress.gov/119/meeting/house/118679/witnesses/HHRG-119-HA00-Wstate-SavickasD-20251119.pdf

Mr. James R. Copland - Senior Fellow,
Manhattan Institute and Director of Legal Policy
https://www.congress.gov/119/meeting/house/118679/witnesses/HHRG-119-HA00-Wstate-CoplandJ-20251119.pdf

OTHER WITNESS
Jacob Straus
Specialist on Congress in the Government and Finance Division of CRS;
Lobbying, ethics, commemorations (including monuments and memorials), and congressional advisory commissions.
https://www.congress.gov/119/meeting/house/118679/witnesses/HHRG-119-HA00-Wstate-StrausJ-20251119.pdf

**************
Streamed by America Mission
== https://x.com/AmericaMission_

Treasury Department’s Dirty Trick on ‘No Tax on Tips’
https://americamission.com/treasury-departments-dirty-trick-on-no-tax-on-tips/

Vote for AM's
Fight Against Federal Overreach Act (FAFO Act)
https://forum.policiesforpeople.com/t/fight-against-federal-overreach-act-fafo-act/26118

Make America Your Mission
🛍️ Shop, Donate, Amplify Your Voice
https://www.americamission.com/make-america-your-mission

Find out where to #ShowUpAndShare
https://linktr.ee/americamission
**************