Nunn Leads Charge to Force House Vote on Congressional Stock Trading Ban

WASHINGTON, D.C. - Representative Zach Nunn (IA-03) yesterday signed a discharge petition to force a vote on the Restore Trust in Congress Act , bipartisan legislation Rep. Nunn helped lead to ban Members of Congress, their spouses, and dependent children from owning or trading individual stocks.

"I've never held stocks while serving in Congress, and I've been clear since day one-this place is supposed to work for the American people, not help Members get rich," said Rep. Nunn . "One of the first bills I introduced when I got to D.C. was to ban Members and their families from trading stocks. I've been working this through regular order, which has always been my preference. But after more than a decade of leadership punting on this issue, we're done waiting. This is one of the most bipartisan issues I hear about back home. Iowans are tired of the double standards in Washington."

Background

• A 2023 national survey conducted by the University of Maryland found that 86% of Americans support banning stock trading by Members of Congress.
• While serving in the Iowa state legislature, Rep. Nunn vowed not to trade stocks that would have a conflict of interest at the state level.
• After being elected to Congress, Rep. Nunn sold all individual stock holdings and has made enacting a comprehensive stock-trading ban for Members of Congress one of his top priorities. He has consistently advocated for greater transparency, accountability, and public trust in government.
• In February 2023, Rep. Nunn introduced the Prohibit Insider Trading Act, one of his first bills in Congress, to ban Members and their spouses from owning or trading individual stocks.
• In January 2025, Rep. Nunn introduced the No Corruption in Government Act , which broadened reforms by also ending automatic pay raises and tripling the lobbying ban for former Members.
• In September 2025, Rep. Nunn joined a bipartisan coalition to introduce the Restore Trust in Congress Act , combining elements from multiple earlier proposals into a single, commonsense, enforceable reform to end congressional stock trading.
• The discharge petition for the Restore Trust in Congress Act requires 218 signatures to bypass regular order and force a vote on the House floor.

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