Rep. Luna presents a measure to move forward with the End Congressional Stock Trading Act

Congressional Stock Trading Proposal by Florida GOP Representative

Florida Representative Anna Paulina Luna has put forth a resolution aimed at preventing members of Congress, along with their spouses and dependent children, from trading or owning individual stocks, bonds, and other complex investments. This initiative is part of an effort to reduce corruption and improve public trust in governmental operations.

Earlier this year, Tennessee Representative Tim Burchett introduced the Congressional Stock Transaction Act (HR 1908). He pointed out that if someone is achieving significant returns on investments, they should ideally be on Wall Street rather than in Congress. Burchett expressed hope that this bill would help restore trust in legislative processes.

To prompt a vote on her proposal, Luna has filed a discharge petition, asserting that both Democrats and Republicans need to be held accountable for their trading practices. She explained that this petition allows her to gather signatures from members of Congress to bring the matter to the floor.

“In the morning, I will submit special rules to the House of Representatives, using this tool to gather signatures,” Luna stated. “It enables us to halt the obvious insider trading many have engaged in.” She highlighted that this issue is prevalent across party lines, stressing that it’s what Americans expect and deserve.

Luna further emphasized that members of Congress shouldn’t benefit from Wall Street while creating laws that govern financial markets. Her proposal aims at transparency and accountability within the Congressional system.

Notably, former President Donald Trump had expressed support for a ban on Congressional stock trading, critiquing significant successes in stock trading by Nancy Pelosi and her husband, Paul. In 2024, their portfolio reportedly saw a remarkable 54% return, significantly outpacing the S&P 500’s growth that year.

This success led to the creation of “The Pelosi Tracker,” an app allowing users to follow Pelosi’s investment choices. By mid-2025, over 110,000 investors had signed up to replicate her strategies.

To advance her discharge petition, Luna must collect 218 signatures in Congress, although typically, this measure is used more to apply pressure on House leaders regarding legislation.