07/22/2026 | Press release | Distributed by Public on 07/22/2026 15:09
Cincinnati, OH - Today, Congressman Greg Landsman (D-OH-01) released the following statement after voting against Congressional Republicans' Stop Insider Trading Act:
I voted today to stop voter suppression and insider trading. This bill has only two purposes: make it harder for Americans to vote and codify insider trading.
This bill is a voter suppression bill in disguise, which could prevent tens of millions of Americans from voting if they don't have a photo ID with their current name and address. We should be helping people vote - not making it harder or impossible.
This bill codifies insider trading. It gives members of Congress permission to continue owning and selling individual stocks. It even allows members to continue buying stocks in certain circumstances.
Congress must pass a bill to ban members from owning, buying, or selling individual stocks while in office. No loopholes, no exceptions.
I supported an amendment to replace this bill with the Restore Trust in Government Act, which actually bans members of Congress from owning, buying, or selling stocks. It was rejected.
Public trust in our government is at an all-time low. Every member of Congress should want to be part of the generation that earns this trust back.
BACKGROUND
Landsman is one of the few Members of Congress to have sold all his stocks. He has also introduced two bills this Congress to ban members of Congress, their spouses, and dependents from owning or trading stocks - the No Profiting off Public Service Act and the Drain the Swamp Act.
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